A Chinese company that now owns the assets of MG Rover (MG) plans to build a new version of the MG TF Coupe in Oklahoma, the New York Times reports. Nanjing Auto, who acquired the assets of MG Rover after it went bankrupt last July, plans to start production in 2008. Nanjing Auto will be the first Chinese company to build autos in the U.S. Nanjing is assuring MG enthusiasts that the cars will remain true to its heritage, reports the BBC News. The revised MG Coupe will compete in the $20,000 to $25,000 range with cars like the Mazda Miata.