Page 2 - Mg Motor India

MG Motor India reports 14.5% decline in retail sales at 4,721 units in Mar

MG Motor India reported a 14.5% decline in retail sales in March at 4,721 units, hit by supply chain constraints due to the new COVID-19 variant and the ongoing global semiconductor chip shortage.

MG Motor announces new venture to build EV charging infrastructure

MG Motor India announced a new venture, MG Charge, to build charging infrastructure for electric vehicles with an aim to install 1,000 chargers in residential areas across India in 1,000 days

MG Motor India's retail sales rise 5% to 4,528 units in February

MG Motor India on Tuesday said its retail sales increased 5 per cent year-on-year to 4,528 units in February.

MG Motor India electric vehicle sales up 145% to 2,798 units in 2021

MG Motor India EV sales spiked 145 per cent to 2,798 units in calender year 2021 amid a gradual shift towards electric vehicles in the country, the company said on Monday

MG Motor India posts 43% increase in retail sales in 2021 at 40,273 units

MG Motor India on Saturday reported 43 per cent increase in retail sales in 2021 at 40,273 units.

MG Motor India sees 'fluidic' trends in auto sector in 2022; to focus on EV

Trends in India's domestic automobile market are expected to remain 'fluidic' in 2022 due to unpredictable factors, said automaker MG Motor India.

MG Motor India exploring export opportunities in UK, South Africa

MG Motor India is exploring export opportunities in the UK and South Africa besides drawing up plans to tap right-hand-drive countries in the global automotive market

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

At present, the company sells electric SUV 'ZS EV' which is available in two variants

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