MG Motors has announced to increase the prices of its car models in the Indian market. The price hike will come into effect on January 1 next year. This time MG cars are priced at Rs. It will be increased up to 90 thousand.
In the Indian market, not only MG Motors, but also Maruti Suzuki, Kia India, Renault India, Audi India, Mercedes-Benz, Jeep have also announced to increase their vehicle prices. Most of the car manufacturers have also announced that the price hike will come into effect at the beginning of the year. The ever-increasing production costs, high spare parts prices are attributed to the increase in vehicle prices.
Apart from the price hike, MG Motors is working on launching the new model in the Indian market on January 5. It is said that this car will be the MG Hector facelift model. Along with this, the Hector Plus facelift model may also be introduced. Following the two cars, MG is also launching the Air EV electric car.
The new MG Air EV will be the second electric car model from MG Motors in the Indian market. MG is currently selling the ZS EV electric car model in the Indian market. The new MG Air EV is priced in India at Rs. 10 lakhs to a maximum of Rs. It is said that it will be fixed up to 15 lakhs. The model is expected to rival the likes of the Tata Tiago EV and the Citroen eC3.