Newspaper article from our research archive:

MG plans downshift.

Byline: Paul Monies

Oct. 10--A government-mandated consolidation of the Chinese auto industry has put on hold a project to build MG sports cars in Oklahoma, one of the dealmakers said Tuesday.

But Norman attorney Marc Nuttle, who formed Oklahoma Global Motors LLC with China's Nanjing Automobile Group Corp., said he still hopes the project will get a green light from the Chinese government by the end of the year. Nanjing is merging with larger rival Shanghai Automotive Industry Corp.

"Right now, they're in restructuring mode, and I don't know what they're going to do," Nuttle said. "They merged with Shanghai, and there's nothing we can do about it. It's not ...

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