Page 5 - Mg Motor India

MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal

The company which currently sells electric SUV ZS EV will launch an electric crossover vehicle based on a global platform but customised for the Indian market as its next new product

MG Motor India reports 40% decline in sales to 2,482 units in November

MG Motor India on Wednesday reported a 40 per cent decline in retail sales to 2,481 units in November 2021, as the production was adversely impacted by the ongoing semiconductor shortage.

MG Motor India ties up with CleanMax, adopts wind-solar hybrid energy

MG Motor India has collaborated with CleanMax to become the first passenger car company to adopt wind-solar hybrid energy, a statement said on Thursday. Under the collaboration, Clean Max Enviro Energy Solutions (CleanMax) will supply 4.85 MW of wind-solar hybrid power to MG Motor's manufacturing facility in Halol. "With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years which is equal to planting more than 13 lakh trees," the statement said. The carmaker has been at the forefront of promoting EV adoption in India with the launch of India's first Pure Electric Internet SUV MG ZS EV, it stated. CleanMax is the first renewable energy company to set up a wind-solar hybrid power park in Gujarat to sell clean energy to private consumers and corporates. It plans to expand to 150 MW by 2022. MG's Halol facility is expected to begin drawing power in February 2022 from CleanMax's hybrid park in Rajkot and will continue to do so for 15 years.

MG Motor reports 24% drop in retail sales in Oct amid production challenges

MG Motor India on Monday reported 24 per cent dip in retail sales at 2,863 units in October 2021 amid production challenges due to semiconductor shortage

Astor clocks 5,000 orders in 20 minutes of opening bookings: MG Motor India

MG Motor India on Thursday said it has sold out its new SUV Astor for this calendar year clocking 5,000 orders within 20 minutes of opening bookings.

MG Motor India reports 28% rise in retail sales in Sept despite chip crisis

MG Motor India on Friday reported 28 per cent increase in retail sales at 3,241 units in September 2021 despite facing production challenges due to semiconductor shortage.

Semiconductor crisis may remain a concern till June 2022: MG Motor India

A top company executive said that it is also going to expand its presence in the electric vehicle space by launching a new car in the below Rs 20 lakh category

MG revs up on smaller cars to play the long game in Indian market

A smaller SUV and a sub-four-metre car are in the works

MG Motor to invest Rs 2,500 cr by 2022-end to ramp up Halol plant capacity

MG Motor India is investing Rs 2,500 crore by the end of next year to increase the production capacity at its Halol plant in Gujarat, as it gears up to launch its mid-size SUV Astor

MG Motor unveils upcoming mid-sized SUV Astor equipped with AI assistant

MG Motor India on Wednesday unveiled its upcoming mid-sized SUV, Astor equipped with personal artificial intelligence (AI) assistant and level 2 autonomous driving technology.

June auto sales: MG Motor India reports retail sales of 3,558 units

MG Motor India on Thursday reported retail sales of 3,558 units in June

MG Motor to drive in second electric model in India in next 2 years

MG Motor India can launch a new electric vehicle with a price tag below Rs 20 lakh mark in the country over the next two years, according to a top company official. The model would be the automaker's second electric vehicle in the country after the ZS SUV which is currently tagged between Rs 21 lakh and Rs 24.18 lakh (ex-showroom). "We have been very pleased with our electric vehicle product performance till now. We intend to launch more electric cars in the future and hopefully we can look at a car below Rs 20 lakh as our second EV in the future," MG Motor India President and Managing Director Rajeev Chaba told PTI. The automaker, which also sells models like Hector and Gloster, has so far sold around 3,000 units of ZS EV in the country. When asked about the timeline for the product launch, Chaba said, "We are not defining the timelines now due to the COVID situation and shortages of essential materials, especially chips. So hopefully in two years, we can do it." On expectations

MG Motor re-launches programme to offer certain doorstep services

Automaker MG Motor India on Monday said it has re-launched its programme to provide some basic car care services at the doorstep of its customers amid the coronavirus pandemic.

Sales recovery in sight with easing of Covid curbs across states: MG Motor

MG Motor India expects the growth to be much better than the industry's despite supply chain challenges and increase in input costs

MG Motor India reports sale of 1,016 units in May amid Covid-related woes

The company's sales were impacted by the lockdown imposed to curb the second wave of the Covid-19 pandemic along with production constraints due to diversion of oxygen for medical use.

MG Motor India joins hands with Attero for recycling of EV batteries

MG Motor India on Friday said it has joined hands with Attero for recycling of electric vehicle (EV) batteries in the country

Maruti, MG Motor and Toyota extend free service, warranty amid Covid-19

The MG customers will now be able to avail their schedules until July 31, 2021

Auto firms to halt production for up to 15 days amid raging second wave

For some it is part of annual maintenance protocol, for others it's a forced move, done for safety of those employed at the factory

MG Motor India sees retail sales of 5,528 units in March on robust demand

'The highest monthly sales achieved in March 2021 are very encouraging with momentum continuing for our product lines', said the chairman

MG Motor sales increase over three-fold to 4,329 units in February

MG Motor India on Monday said it recorded its best-ever retail sales in February at 4,329 units