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The MGB was introduced in 1962, with a 0-60 mph time of just over 11 seconds, aided by the relatively light weight of the car. Handling was one of the MGB's strong points. The 3-bearing 1798 cc B-Series engine produced 95 hp at 5,400 rpm. The engine was upgraded in October 1964 to a five-bearing crankshaft in an effort to improve reliability.
First models rolled off the production line in 1962 by the British Motor Corporation (BMC), later the Austin-Morris division of British Leyland, as a four-cylinder, soft-top sports car. It was announced and its details first published on 19 September 1962. Variants include the MGB GT three-door 2+2 coupé (1965–1980), the six-cylinder sports car and coupé MGC (1967–69), and the eight-cylinder 2+2 coupé, the MGB GT V8 (1973–76).
Development of the MGB started at least as early as 1958 with the prototype known by its Abingdon codename; MG EX205. In structure the car was a progressive, modern design in 1962, using a unitary structure, instead of the traditional body-on-frame construction used on both the MGA and MG T-types and the MGB's rival, the Triumph TR series. However, components such as brakes and suspension were developments of the earlier 1955 MGA, with the B-Series engine having its origins in 1947. The lightweight design reduced manufacturing costs while adding to overall vehicle strength.
The MGB was discontinued in 1980, after 18 years of production.