A START date has been set for the production of MG cars at the Longbridge plant.
Chinese owners SAIC/Nanjing said they will begin producing an MG sports car, the TF LE500, at the Birmingham factory in August.
The announcement followed speculation as to the future of the huge plant, after the Nanjing Automobile Corporation (NAC) bought the assets of the collapsed MG Rover organisation in 2005.
In a statement given to the Birmingham Mail, SAIC/Nanjing said: "The fact is that, in 2008, desirable and competitive British-made sports cars will once again be rolling off a production line in Longbridge, a sight that many thought they might never see again."
The news was welcomed in the region as a "boost" for business.
Jerry Blackett, chief executive of Birmingham Chamber of Commerce and Industry, said: "This is what we have been waiting to hear.
"While we do not expect to see a return to the car volumes manufactured at Longbridge in the past, we can see a real role for niche manufacturing/assembly work which is now going to happen."
He also welcomed the company's plans to produce other models at Longbridge in the future.
The LE500 model will be limited to only 500 units in the UK, according to the MG website.
Approximately 6,000 workers lost their jobs in Longbridge when the car plant closed in April 2005.
