BUSINESS

Up to Rs 1.38 lakh in price reductions are available from MG Motor India! Examine lowered models

Along with the introduction of the ZS EV Executive version for Rs 18.98 lakh, MG Motor India has announced significant reductions on a number of vehicles from its range across several categories.

Models at a discount from MG Motor India
To make its cars more affordable for customers, the company has announced large price reductions across the board. Prices for the Comet EV have been lowered by Rs 99,000, with a new starting price of Rs 6.99 lakh.
In a same vein, the Hector now has pricing as low as Rs 79,000, with petrol versions beginning at Rs 14.94 lakh and diesel at Rs 17.50 lakh.
The premium Gloster SUV now costs Rs 37.49 lakh, a reduction of Rs 1.31 lakh.

Gaurav Gupta, Deputy Managing Director, MG Motor India, said, “This has been made possible due to increased localization, long-term freight contracts, streamlined logistics, supply chain improvement, and long-term key commodities cost rationalization.”
In addition, the ZS EV Executive trim, priced at Rs 18.98 lakh, has been released by the business. The ZS EV Executive variant’s reduced pricing may have been attained by removing some features, despite the variant’s mechanical arrangement being intact. Specific information about the equipment that is available on this model has not been made public by MG.
Similar to the majority of Indian manufacturers, MG has also declared a price increase for all of its models beginning in January 2024. Nevertheless, the business hopes to increase consumer accessibility to its models by offering these lower sticker prices for a limited number of models.
For the most recent information on the automobile industry, be sure to follow TOI Auto on Facebook, Instagram, and X.

Related Articles

Back to top button