MG Motor India expects to turn profitable next year on higher sales
NEW DELHI: MG Motor India expects its operations to turn profitable next year as it looks to double its volumes with higher production capacity in place, the company’s President and Managing Director Rajeev Chaba said on Monday. The company, which has been impacted by acute supply chain constraints, is looking to close the current year […]
MG Motor India plans 3% price hike to offset impact of higher costs
NEW DELHI: 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 […]
MG Motor India unveils SUV-Gloster
NEW DELHI:MG Motor India has today introduced India’s first Autonomous (Level 1) Premium SUV, MG Gloster. The much-awaited Gloster comes as the carmaker’s third product in India after the Hector, India’s first Internet car and ZS EV, India’s first internet electric SUV. The MG Gloster comes with first-in-segment Advanced Driver Assistance System (ADAS)*. Some of […]
MG Motor bullish on Indian auto, to take total investment to Rs 5,000 crore
NEW DELHI: Morris Garages (MG), a British automobile brand now owned by SAIC of China, is bullish on Indian market and plans to invest Rs 3,000 crore more in the country, a company official said. MG Motor India, has already spent Rs 2,000 crore in the country and commenced manufacturing operations at its plant at […]
Kia Motors, MG Motor debut at Autocar Performance Show
MUMBAI: The 13th edition of the Autocar Performance Show commenced in Mumbai on Thursday, with two international brands—Kia Motors of Korea and MG Motor of the UK—showcasing some of their cars on their debut at the four-day long event. While Kia has brought in the hot Stinger four-door and the Sportage SUV, the MG Motor […]
MG Motor to drive in electric SUV in India by first half of 2020
NEW DELHI: MG Motor India, a wholly-owned arm of China’s SAIC Motor Corp, will roll out a locally manufactured pure-electric SUV by first half of 2020, within one year of its first product launch in the country, a top company official said on Monday. The company is all set to drive in its first product, […]