Rare Rides: The 2004 MG XPower SV-R, an Italian-British-American Amalgam

Corey Lewis
by Corey Lewis

Recently we featured the MG RV8, which was an old MG B with a V8 engine from Rover. Today we cover a similar V8-powered MG idea, with some additional crazy sprinkled in for good measure.

Presenting the 2005 MG XPower SV-R. It’s all over the place.

The MG’s story starts with another firm entirely: Qvale. Almost required reading for this article, the Qvale in question is the Mangusta. An Italian-American sort of hybrid car, Mangusta was the original idea of Alejandro de Tomaso, who wanted to bring the De Tomaso name back to North America. The project was funded by Kjell Qvale, a wealthy former North American importer of Maserati. While the Mangusta was underway, de Tomaso (shortly before his death) was secretly working on a new Pantera as well. Qvale found out about the project, and he and de Tomaso argued until Qvale cut ties. He took the name and the car and put it on sale in 2000. MG will be along shortly, keep reading.

The Mangusta was produced in Italy at the high-tech Qvale factory between 2000 and 2002. Meanwhile, MG was thinking about something Qvale had asked previously. Qvale approached the newly-independent MG Rover group and asked if they wanted to distribute the Mangusta in Europe. “Probably not,” said Rover “but we’ll buy the whole operation, how’s that?”

In 2001 a deal was struck for Qvale to sell its holdings to MG Rover. The Mangusta had proved expensive and not too popular, and over its three years of production time, just 284 cars were made. MG knew they could make a better car, and as the Mangusta concluded its run, MG’s new XPower entered production at the former Qvale factory.

MG retained the laser-cut chassis and carbon fiber technology of the old Mangusta, but chucked the Gandini-designed coupe shape for one of its own. They called Peter Stevens, who previously penned the McLaren F1, Jaguar XJR-15, and Lotus Elan. MG did not create the new body molds itself but rather farmed the work to a firm called Caran out of Sweden. The driving force behind all this effort was to obtain big sales by sending the XPower to the North American market. The Mangusta had already undergone the expensive homologation process for sale there.

Power from Mangusta was retained in the MG, via either the 4.6- (SV) or 5.0-liter (SV-R) Mustang V8 engines. Like the Mangusta, the SV was sold with manual and automatic transmissions.

Complex production began in 2003. The British-designed and Swedish-built panels were fabricated in the UK by SP Systems. Then they were shipped to Italy, where the initial assembly was done at Qvale. The mostly finished car was shipped back to Longbridge in the UK, where it was finalized. The whole process had Cadillac Allanté vibes. Parts not fabricated by SP were sourced from Fiat, most often the Punto. In all, six different companies were involved in the XPower’s construction between start and finish.

The new car was a flop, as an expensive niche market vehicle from an ailing brand. The XPower was in production between 2003 and 2005 when MG Rover entered bankruptcy. At that time, only nine had been sold. All told, 82 examples were completed; some of them remained unsold until 2008.

Today’s SV-R was one of the very few more powerful cars made. The fastest version, it had somewhere around 400 horsepower and accelerated to 60 in 4.9 seconds. This 2004 example sold in the UK for £34,875.

[Images: seller]

Corey Lewis
Corey Lewis

Interested in lots of cars and their various historical contexts. Started writing articles for TTAC in late 2016, when my first posts were QOTDs. From there I started a few new series like Rare Rides, Buy/Drive/Burn, Abandoned History, and most recently Rare Rides Icons. Operating from a home base in Cincinnati, Ohio, a relative auto journalist dead zone. Many of my articles are prompted by something I'll see on social media that sparks my interest and causes me to research. Finding articles and information from the early days of the internet and beyond that covers the little details lost to time: trim packages, color and wheel choices, interior fabrics. Beyond those, I'm fascinated by automotive industry experiments, both failures and successes. Lately I've taken an interest in AI, and generating "what if" type images for car models long dead. Reincarnating a modern Toyota Paseo, Lincoln Mark IX, or Isuzu Trooper through a text prompt is fun. Fun to post them on Twitter too, and watch people overreact. To that end, the social media I use most is Twitter, @CoreyLewis86. I also contribute pieces for Forbes Wheels and Forbes Home.

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  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
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