Page 4 - Mg Motor India

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.

Launched in June, 15,939 units of MG Hector sold till December 2019

MG Motor is set to launch its second car and the first electric vehicle - MG ZS EV - in India this month

MG Motor India starts bookings for its upcoming electric SUV ZS EV

The ZS EV can be booked for Rs 50,000 on mgmotor.co.in and select showrooms across - New Delhi, Mumbai, Ahmedabad, Bengaluru and Hyderabad, the company said in a statement

MG Motor bullish on Indian auto, to take total investment to Rs 5,000 cr

The carmaker has so far sold nearly 13,000 units of its internet SUV, MG Hector

MG Motor India will lead race to build EVs priced below Rs 10 lakh: Chaba

'Direction from the government is very clear that EV is the future', said MG Motor India President

MG Motor India sells 3239 Hector units in November, eyes expansion

MG Motor India currently has over 150 centres across India and aims to further strengthen its network count to 250 centres by March 2020

MG Motor India partners Umicore to recycle upcoming EV's batteries

The partnership will allow end-of-life ZS EV batteries to be recycled, thus ensuring greater peace of mind to MG customers about their ecological footprint

Looking to create EV ecosystem in India through charging partners: MG Motor

'Will be looking to introduce more EVs in the market to cater to multiple sub-groups,' says Gaurav Gupta, MG Motors

This MG Motor outlet displays no cars, gives 360-degree tour of vehicles

MG Motor unveiled a first of its kind digital showroom to provide visual immersive experience of vehicles to customers

Hyundai, Kia, MG Motor deliver over 15,000 units on Dhanteras

Market leader Maruti Suzuki India said the sales during the day were good, but did not share exact numbers

MG Motor India gears up to launch first electric SUV in India by year-end

The model will be pitted against the Hyundai Kona in India

Hyundai's share in passenger vehicles at 5-yr high as Maruti loses ground

Led by Venue, Korean car maker's share rises to 18.36% in first five months of current fiscal, from 15.6 per cent in same period a year ago

Top 10 biz headlines: Core sectors growth slows, no new Jet suitor & more

From a spurt in cement production and slower contraction in energy segment pulling up growth in 8 core sectors to 2.1% in July to Jet failing to find a new suitor, here is today's top business news