Photo: Charles01 / Wikimedia Commons From the fifth-generation Ford Mustang to the Chevrolet SSR, the 2000s was a decade when automakers were fully willing to make a splash with new retro-styled models. It was during this heady time that the Morris Minor, a beloved British classic, was nearly revived when its manufacturer was sold off … Read more
MG Motor India on Monday reported a 23 per cent dip in retail sales at 4,648 units in March as compared to the same month last year. The automaker had sold 6,051 units in March 2023. In FY 2023-24, the carmaker said IT registered around 14 per cent year on year growth in sales over … 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 which is primarily dominated by Maruti and Tata Motors. Parth Jindal, member of steering committee of the new JV, unveiled … 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
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
Founded in the UK in 1924, Morris Garages vehicles were world-famous for their sports cars, roadsters, and cabriolet series. MG Motor India Celebrates 100 Years With Wow Offering Gurugram: MG Motor India is celebrating its centenary year by focusing on delighting car buyers and introducing Wow prices for its 2024 range of models. The company … Read more
The Competition Commission of India (CCI) has given its approval for Sajjan Jindal-promoted JSW Group’s proposed acquisition of up to 38 per cent stake in MG Motor India. “The Acquirer is a newly incorporated entity and is not engaged in any activities as on date. It is a wholly owned subsidiary of JSW International Tradecorp … 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
Indian conglomerate JSW Group and China’s SAIC Motor have formed a joint venture in India with a focus on green mobility and to develop the electric vehicle ecosystem, the two companies said in a statement on Thursday. JSW will take a 35% stake in the new Indian joint venture, the companies said. SAIC already has … Read more
The Sajjan Jindal-promoted JSW Group and SAIC Motor announced an India joint venture aimed at expanding the operations of MG Motor, owned by the Chinese company, in the country. JSW will hold a 35% stake in the joint venture, they announced on Thursday. “Our strategic collaboration with SAIC Motor aims to grow and transform the … Read more
