Cars in India

The highest number of bookings for the model came from Bengaluru, followed by Hyderabad. Close to 40 per cent of the bookings were online. This underscores a significant shift in favour of digital media in consumer behaviour within the automotive space, MG said. “MG Motor India entered the EV space as a catalyst for the country’s latest electric cars   revolution by providing a complete end-to-end ecosystem,” said Rajeev Chaba, president and managing director at MG Motor India. The initial response shows consumers are ready for the “new-age EV the proposition” when provided with a good product and infrastructure, he added. In a 2020 Deloitte Global Automotive Study, close to 56 per cent of respondents from India cited lower emissions and operating cost as the the main reason for preferring hybrid or battery latest electric cars in India. It also indicated that interest in battery EVs would rise if fossil fuel prices increase in a significant way. Around 82 per ...

MG Motor India said on February 6 that it has been bundled with five leading private banks to provide car loans to its customers and dealers. The company said it has signed agreements with Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Yes Bank. MG Motor India said in a statement: "This is in addition to the memorandum of understanding signed by the company with the National Bank of India, India's leading public sector lending agency, earlier this week." It added that these partnerships will provide MG's customer and dealer partners with financing solutions starting from MG's first product, Hector SUV, Cars in India , in the second quarter of 2019. Gaurav Gupta, Chief Commercial Officer of MG Motor India, said: "Through these partnerships, MG Auto India will provide fixed-term loans to its customers, while also facilitating inventory financing and providing credit solutions to dealers." He further stated, "Working with the country's...

MG Motor announced that the company will launch electric cars in the Indian market by 2020. The electric SUV will be MG's second product, and the first product in the Indian market will be a C-class SUV. MG Motor India will launch the first SUV in the second quarter of 2019 Yang Zhiyuan, executive director of SAIC's international business, confirmed that MG will launch a globally competitive pure latest electric cars in India . He also said that electric SUVs will become a breakthrough chapter in the field of electric cars in India. Rajeev Chaba, President and Managing Director of MG Motors India, said: "As part of our commitment to this market, we will begin a rapid tour of product demonstrations to Indian consumers from next month. All pre-launch activities. Get closer to our potential customers through various brand awareness programs. " He also added that all MG products will be designed and manufactured in the UK and China. These vehicles will be largely...

As part of the "Made in India" initiative, automaker MG (Morris Garages) Motor India will launch its first car in the second quarter of 2019. SAIC's wholly-owned subsidiary said on Monday that it has also begun negotiations with multiple suppliers to achieve a higher level of localization. "With the rapid development of the upgrade of its Halol plant (including the construction of new stamping workshops and the modification of assembly lines and other facilities), latest electric cars in  India has also initiated negotiations with multiple suppliers to achieve a high level of localization. Said in a statement. The company said that under the vigorous research and development efforts of its parent company, SAIC, the company is also actively considering the provision of new energy vehicles and eagerly hopes to cooperate with all stakeholders to achieve the commercial implementation of the technology. "We are rapidly advancing our India strategy and building a s...

MG Motor India Pvt was successfully promoted by its first model. A company executive said that the company is preparing to build a second production plant in the country to meet the demand for its cars. Rajeev Chaba, President and Managing Director of MG Auto India, said that announcements about the company ’s plans may be announced later this year. "Our current production capacity can be expanded to a maximum of 100,000 units. We are considering the choice of green space and brown land without excluding any problems." He said: "There is still a piece of land next to our current factory," this new investment will show our commitment to the Indian market. Chaba declined to disclose the size of the new investment. In addition, he did not disclose whether the company is in talks with some automakers about the possible acquisition of a factory. The British brand owned by China SAIC Motor Corp. entered the Indian market last year and plans to invest Rs 50 crore by 2021...

On Friday, MG Motor India Pvt Ltd, the maker of Hector sport utility vehicles, reported that due to the national blockade, all dealers were closed that month, so retail sales in April were zero. The company said in a formal statement today: "MG Motor India, which only reports retail sales figures, had zero retail sales in April." The company said that after the government relaxed its lock-in regulations for certain industries and companies in rural areas, the automaker has resumed operations and started small-scale production at its plant in Harol, Gujarat in the last week of April. MG Motor hopes to increase production in May and cooperate with local suppliers to ensure smooth supply chain support. The company is preparing a new agreement to resume work, including disinfection and social isolation. The company said on April 30 that its engineering team at the Halol plant, in cooperation with the Natraj car body manufacturer headquartered in Ahmedabad, had converted its lat...

A senior company official said that after the BS-VI emission standard came into effect on April 1, the Indian automobile company plans to increase its latest SUV car,   Hector output by about 30%. The company released the ZS EV last week and considering the strong response to its pure electric SUV, the company will also review plans for electric vehicles (EVs) under Rs 1 crore. MG Motor India President and MD Rajeev Chaba told PTI: "In the case of Hector, we are planning to further increase the speed and hope to achieve it within two or three months." The company's first model in India, Hector, received a good response and retailed 3,021 units in December 2019. Since its launch in July 2019, the automaker has recorded total Hector sales of 15,930 vehicles. At present, we are focusing on the smooth transition from BS-IV to BS-VI from dealer inventory. Based on the next two months, we will make a decision, but we think we can make about 3,500 to 4,000 (units) of Hector pe...

Auto giant MG Auto India said on Wednesday that it plans to produce the electric vehicle EZS at its Gujarat plant in India, which will be launched in India in December. According to the company, the latest electric cars in India will provide full-size luggage and space for 5 people in the form of a compact SUV. Rajeev Chaba, President and Managing Director of MG Motor India , said: "MG EZS, as one of the world's first locally produced electric vehicles, will mark a new chapter in environmentally-friendly travel in India." "We are very pleased to be one of the earliest car manufacturers to enter this field and plan to bring accessible electric vehicles to Indian customers after the launch of  latest electric cars at the end of this year." So far, MG Motor India has invested Rs 22 crore in its factory and installed a brand new assembly line. The company's first car in India, Hector, will be launched later this month and contains a lot of localize...

Automaker MG Motor India said on Thursday that it has started to look for a rapidly producing ventilator design to serve patients infected with the coronavirus. The company has allocated 1 million rupees for the best design concept. MG Motor India said in a statement that the automaker will also provide production support for the proposed ventilator prototype at its Halol manufacturing plant to ensure rapid market deployment. The president of MG Motor India said: "The COVID-19 pandemic has created an urgent need for ventilators to take care of the growing number of patients.  There is an extreme shortage of ventilators in the country and available ventilators are very expensive." MD Rajeev Chaba Say. He stated that MG Motor India is committed to fighting this epidemic. New Car Brands in India, He said: "Incentives for medical innovation by providing financial support to the most viable prototype is the most effective way to serve the community." The company said...