KEY HIGHLIGHTS
- MG Cars set to get costlier from January 1, 2024
- Hike of up to Rs. 50,000
- Check the model-wise price hike below
Earlier this month, MG made an announcement regarding an impending price hike across its model range, effective from January 2024. Providing more clarity, the carmaker has now disclosed the specific quantum of the price increase for each model in the MG cars lineup. This move comes in response to various factors influencing the automotive industry, such as rising input costs, inflationary pressures, and other economic dynamics.
Read on to find out more details on how much more you need to shell.
MG Cars Price Hike: Up To Rs.50,000 Of Upward Correction
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Within the MG product lineup, the Gloster is set to experience the most substantial price increase, with an upward revision of up to Rs. 50,000. Following closely is the ZS EV, which will see a price hike of up to Rs. 45,000. The Hector range will be next in line, with prices being increased by up to Rs. 40,000.
Additionally, the MG Astor is slated to see an increase of up to Rs. 25,000, and the company's most affordable offering, the Comet EV, will undergo a hike of up to Rs. 15,000. MG joins the ranks of various manufacturers, including Maruti Suzuki, Hyundai, Mercedes-Benz, Mahindra, Skoda, Citroen, and Tata Motors, in implementing price revisions for its vehicles effective from January 2024.
MG Cars: Hector, Comet EV, Gloster & More On Discounts Of Upto Rs. 1 Lakh
As 2024 approaches, MG Motors is offering enticing year-end discounts on various models. The MG Hector, a key product in the MG cars lineup, currently comes with discounts of up to Rs. 50,000, along with exchange benefits of Rs. 50,000, leading to potential savings of Rs. 1 lakh. The electric urban runabout, MG Comet EV, is available with year-end discounts of up to Rs. 65,000. Furthermore, MG is providing a flat Rs. 1 lakh discount on three SUVsGloster, Astor, and ZS EValong with Rs. 50,000 exchange benefits for each model. These offers present a compelling opportunity for car enthusiasts to save on their favorite MG models before the year concludes.
Verdict
MG Motors has announced a price hike for its model range, with increases of up to Rs. 50,000, attributing the adjustment to factors such as rising input costs and inflationary pressures. Car buyers considering MG models should be aware of the impending adjustments to make informed purchase decisions before the price increase takes effect. Also, If you are someone with a passion for engines mounted on wheels, you must join our Whatsapp Group Community of petrolheads to find out more exciting stuff about the Auto world.
