Media Motors is the official distributor of MG cars in Iran and also provides after-sales services for the customers. Media Motors currently has MG3 (hatchback), MG 350 (sedan) and MG6 (saloon and fastback) in its product range. The MG Car Company got its name from Morris Garages, a dealer of Morris cars in Oxford which began producing its own customized versions. On 22 July 2005, the Nanjing Automobile Group purchased the rights to the MG brand and the assets of the MG Rover Group for £53 million creating a new company named MG Motor. In 2011 MG launched a new model, the MG 6 in GT (fastback) and Magnette (saloon) versions which became the first new generation MG available in the UK since the MG TF. The MG range are now sold in China, Chile, Colombia, Costa Rica and the United Kingdom, availability of models depending on market.