MG PH to release statement this week about SAIC’s takeover | Visor

word has it that SAIC will formally enter the Philippine market as a distributor, and that the brand it will focus on is MG.
This is what I got from a TCCCI executive: “We should have a statement by next week (meaning, this week). We can’t release an official one yet because the arrangements between SAIC and TCCCI are still being finalized.”