New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a … Read more
MG Motor India has introduced the 100-year Special Edition variants of its well-liked models, Comet, Astor, Hector, and ZS EV in India. Although the models retain their specifications, features, dimensions, and performance, they receive some design modifications like the addition of an ‘Evergreen’ exterior with a starry black finished roof and dark elements throughout. The … Read more
Mumbai: The joint venture between India’s JSW Group and MG Motor, which is owned by China’s SAIC Motor, is targeting 1 million electric vehicles sold in India by 2030, an executive for the JSW Group said on Wednesday. The venture plans to foray into the premium passenger vehicle segment, the companies said in a joint … Read more
JSW Group and Chinese automotive manufacturer SAIC Motor-owned MG Motor India on Thursday kickstarted their joint venture that will produce both electric and internal combustion engine cars to capture a large chunk of Indian market that is primarily dominated by Maruti and Tata Motors. Parth Jindal unveiled the new brand identity for JSW MG Motor … Read more
MG Motor India is set to achieve accelerated growth with the support of JSW Group as an investor, according to CEO Emeritus Rajeev Chaba. The company has already established a strong foundation in technology, customer experience, gender diversity, and community service. Now, MG Motor India is looking forward to the next phase of growth, reported … Read more
NEW DELHI: It’s widely believed that electric cars are prohibitively expensive to buy. But perception may not be keeping pace with reality. After recent cuts by makers such as Tata Motors and MG Motor, you may well recover any additional price paid for buying an EV in well under one year, especially as the greens … Read more
MG Motor is looking at rationalising trims and prices across its range of vehicles on sale in India to help shore up volumes in the domestic market by 25-30% this year. “The idea is not to reduce prices but rather to pack features and offer vehicles at price points which will enhance the value proposition … Read more
Home Business Bharat Mobility Global Expo 2024: Mega Auto Event You Should Not Miss, Check Venue, Dates, Timing, Tickets Bharat Mobility Global Expo 2024 will host automakers who will showcase their latest, innovative, and modern machines on wheels with a key focus on future mobility solutions. Bharat Mobility Global Expo will feature exhibits and events … Read more
The Competition Commission of India (CCI) on Tuesday cleared proposals involving stake acquisitions in Religare Enterprises (REL) by four entities controlled by the Burman family members.The CCI said Puran Associates, MB Finmart, VIC Enterprises and Milky Investment & Trading Company, which jointly hold 21.25% of REL, have proposed to acquire a majority shareholding of up … Read more
Mumbai: MG Motor India, the SAIC-owned British brand, plans to launch seven new models in the Indian market over the next couple of years, the company told a group of dealers invited to its headquarters in Shanghai within days of stitching a joint venture with the Sajjan Jindal-owned JSW Group. A spokesperson at MG Motor … Read more