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In a surprise move, Nanjing Auto announced that it has reached an agreement with Healey Automobile Consultants Ltd and HFI Automotive Ltd to join forces for the future development of the Healey and Austin-Healey brands and sports cars bearing their name.

The Chinese car manufacture, which acquired the assets of MG Rover in July 2005, said in a statement that the deal with the Anglo-American consortium would put an end to long-standing issues about ownership of the brands and trade marks and expand opportunities for joint trade between the companies.

Last year, HFI had announced its plans to present a high performance sportscar with the DNA of a Healey 3000 - in convertible and coupe derivatives, as well as a modern affordable replacement for the Healey Sprite.

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Chinese Nanjing Announces Plans To Revive Austin Healey & Healey Brands

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