Showing results for "Mg Motor"
'Challenges opened up an opportunity to monetise the MG brand,' says Rajeev Chaba, CEO Emeritus, MG Motor India

By Ketan Thakkar calendar13 May 2023

There are plans to divest a majority stake and Indianise the company.

MG Motor plans to Indianise the company, divest majority stake to Indian partners and raise over Rs 5,000 crore

autherKetan Thakkar calendar10 May 2023

The company is in talks with multiple strategic investors right from high net worth individuals, corporates, financial...

MG Motor India sales soar 126% to 4,551 units in April 2023

autherAutocar Pro News Desk calendar01 May 2023

The carmaker is eyeing rapid growth this fiscal and has targeted sales of 80,000 to 100,000 units.

MG Motor India launches Comet EV at Rs 7.98 lakh, sets sights on 20% of India's passenger EV market

By Manobhava Baruah calendar26 Apr 2023

With deliveries expected from May, the MG Comet is the smallest passenger EV in India.

MG Motor India eyeing investment into India business

By Mayank Dhingra calendar25 Apr 2023

Although it is managing business continuity by external commercial borrowings and working capital loans, MG Motor Indi...

Exclusive: MG Motor India in talks with JSW Group for 15-20% stake sale at $2 billion valuation

By Ketan Thakkar, Mayank Dhingra & Shahkar Abidi calendar24 Apr 2023

MG Motor India, which is keen to expand capacity with a new plant and has been on the fund-raising route for nearly a ...

MG Motor India banks on Comet EV to target 20% share of India's passenger EV market

By Mayank Dhingra & Ketan Thakkar calendar23 Apr 2023

WIth an eye on 100,000 units sales in CY2023, the company has invested Rs 800 crore at Halol plant, Gujarat to locally...

MG Motor teams up with Gamer MortaL for its Upcoming Smart Comet EV

autherAutocar Pro News Desk calendar10 Apr 2023

The upcoming Comet EV, which is futuristic and smart to meet urban mobility needs. 

MG Motor India sales rise 21% in FY2023 to 48,866 units

By Ajit Dalvi calendar01 Apr 2023

MG Motor India, which clocked its best-ever monthly sales of 6,051 units in March 2023, has also witnessed its best-ev...

MG Motor India and WTiCabs sign agreement for 100 vehicles

autherAutocar Pro News Desk calendar19 Mar 2023

MG Motor India has signed an agreement with WTiCabs India for 100 vehicles, which includes MG Hector and MG ZS EV. It ...