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1948 MG TC Signage: Manufacturer: MG (Morris Garages) England; Model: TC; Engine: 4 Cylinder, 54hp; Base Price $2200. The first MG sports car appeared in the 1930's. Pre-World War II production totaled about 22,500 cars. When the TC made its debut in 1945, it ushered in a new love of sports cars that would bloom in the 1950s. American servicemen, particularly those returning from England, took a liking to these roadsters and brought back quite a few when they came home. By 1947, MG had an expanding distribution network in the States.