Page 6 - Mg Motor India

MG Motor India sales increase 15% to 3,602 units in January 2021

MG Motor India on Monday said its sales rose by 15% to 3,602 units in January as compared to 3,130 units in the same month a year ago

MG Motors sees no impact of Indo-China tension, expects sales to rise 75%

MG Motors on Thursday launched the seven-seater version of its premium SUV, Hector, at a price of Rs 13.34 lakh

MG Motor India says its sales increased 33% to 4,010 units in December

MG Motor India on Friday said its sales rose by 33 per cent to 4,010 units in December, 2020 as compared to 3,021 units in the same month a year ago

MG Motor India plans 3% price hike to offset impact of higher costs

MG Motor India on Friday said it will increase prices of its vehicles by up to three per cent from January to offset the adverse impact of higher input cost. The company also said it will introduce a seven-seater version of its Hector Plus model next month. In a statement, MG Motor India said it would "undertake a price revision across its product range in view of the miscellaneous cost increase. The price hike will range up to 3 per cent, depending on the model and will be applicable from January 1, 2021". MG Motor India currently retails three models in India Hector, ZS EV and Gloster, which are priced between Rs 12.83 lakh and Rs 35.6 lakh. Already, other automobile manufacturers such as Maruti Suzuki India, Ford India, Mahindra and Mahindra, and Hero MotoCorp have stated that they would be increasing prices of their respective vehicles from January in order to mitigate the adverse impact of rising input costs, especially raw materials and commodity prices. The Hector Plus mod

Sales recovery 'tactical' due to pent-up demand, not sustainable: MG Motor

Recovery seen in auto sales in the past couple of months is not a sustainable one and there is a question mark on how the industry would fare next year as the sector is hugely linked to the economy

Electric SUV from MG Motor India hits 10 cities, including Coimbatore

Car-maker MG Motor India has now initiated the expansion for the electric SUV - MG ZS - in 10 cities, including Coimbatore.

MG Motors to invest Rs 1,000 crore more in India despite anti-China mood

The India arm of China's SAIC Motors has invested Rs 3,000 crore till now

Auto majors hold steady on EV plans as pandemic wrecks ICE market

Encouraged by demand pick-up in the past few months, most are going ahead with their planned investments and models

MG Motor India to enter multi-purpose vehicle segment with Hector Plus

The company plans to hire about 200 associates for its Halol plant to ramp up overall production to pre-Covid-19 level

MG Motor India, Tata Power join hands to deploy superfast chargers for EVs

Through this association, MG Motor aims to lay a specific focus on the key target cities they will be foraying into as part of their future EV expansion plans

Small cars' demand may overtake SUVs as Covid-19 changes rules of mobility

But SUV makers remain unfazed by down-trading trend

Battling gender bias: Diageo, MG Motor rework ad norms to break stereotypes

At MG Motor, the company is working with select panchayat committees to encourage more women graduates to join the auto industry and to ensure a better diversity mix at its showrooms

Tata Motors, M&M, MG Motors face supply issues from China over coronavirus

Tata Motors, Mahindra and Mahindra (M&M) and MG Motor India on Sunday said they are facing challenges in terms of component supply from coronavirus hit-China. M&M has reported a 42 per cent decline in total sales at 32,476 units in February. "...because of the unforeseeable challenges on the parts-supply from China, our BS VI ramp-up has been affected," Veejay Ram Nakra, Chief of Sales and Marketing, Automotive Division, M&M Ltd said in a statement. This has resulted in high de-growth in billing volume for February and dealer inventory is now under 10 days, he said. "Going into March, we anticipate the challenge on parts-supply to continue for another few weeks, before we get back to normalcy," he added. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd said the outbreak of Covid-19 in China and a recent fire incident at one of its strategic vendors affected the vehicle production and wholesale volumes. MG Motor India too reported lower retail ...

MG Motor plans second India unit, may launch affordable EV shortly

Hopes to launch full-size SUV MG Gloster by Diwali 2020, and have four products in the market in one-and-a-half years of its operations in India

Auto Expo 2020: MG Motor unveils Hector Plus, India's first 'internet car'

HECTOR PLUS is designed to build on the success of HECTOR and has a more premium look and customisable seating configuration, along with revamped interiors and exteriors.

MG Motor to set up 2nd plant in India, aims to manufacture 100,000 cars

The company's current manufacturing facility in Halol (Gujarat), which it bought from General Motors, can roll out a maximum of one lakh units per annum

Tata's IHCL adds 24 hotels to portfolio so far this fiscal, says CEO

On the impact of the coronavirus outbreak, Gupta said,"We expect significant disruption in supply chain from European and Chinese/Asian suppliers"

MG Motor India plans to increase production of SUV Hector by up to 30%

Right now the company is producing around 3,000 units of the Hector from its Halol plant.

MG Motors' electric vehicle sold out before launch, firm halts bookings

This number is more than the total number (1,071) of electric cars sold in India in calendar year 2019. MG has stopped registrations for the ZS and will cater to 2,409 of the total bookings

SIAM bullish on auto sector revival in 2020 after worst sales in 20 years

Another Chinese player which will be also present for the first time is MG Motors which will bring in their entire range of automobiles in the Expo.