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NDTV
2 days ago
- Automotive
- NDTV
JSW MG Motor India To Increase Prices Across Model Lineup From July 1
JSW MG Motor India has announced a price hike of up to 1.5 per cent, covering the majority of models in their lineup. The changes in vehicle prices will take effect on July 1, 2025. It is worth noting that the extent of price changes will depend on the model and variant. As per the automaker, the revision in the prices of the vehicles has been made because of rising input costs and economic adjustments. The current range of cars with the MG badge begins with the Comet EV, which comes at a starting price of Rs 4.99 lakh (ex-showroom). It is followed by the Windsor EV, which comes at Rs 10 lakh (ex-showroom). After this, you enter the range of ICE cars, starting with Astor at Rs 11.30 lakh (ex-showroom). The next in line is Hector at Rs 17.5 lakh (ex-showroom), with the top spot taken by the Gloster at Rs 41.07 lakh (ex-showroom). The electric cars in the brand's portfolio offer consumers Battery-as-a-Service (BaaS). This model is aimed at reducing the initial cost of the vehicle for consumers by separating the battery cost from the car's price. Hence, making electric vehicle ownership accessible. MG Motor is gearing up to venture into the luxury market with an array of new products. The company has revealed plans to launch the M9 Limousine, signaling its entry into the high-end vehicle segment. Later this year, MG will also launch the Cyberster, an electric convertible sports car that aims to enhance performance-focused innovation within its EV lineup. Both of these premium vehicles will be sold through a newly established dealership network, MG Select, which is designed to offer a more exclusive customer experience. Additionally, the automaker has provided a preview of the Majestor. This could be a luxury SUV concept derived from the Gloster. The Majestor is anticipated to join the lineup in the upcoming months, indicating MG's ambition to expand its premium offerings in the Indian market.
Time of India
2 days ago
- Automotive
- Time of India
JSW MG Motor India to hike vehicle prices by up to 1.5% from July 1
JSW MG Motor India on Wednesday announced a price hike of up to 1.5per cent across most of its vehicle range, effective July 1, 2025. The company cited rising input costs and broader macroeconomic pressures as key reasons for the revision. 'This price adjustment is necessary to offset the continuous increase in input costs, including raw materials and logistics,' the company said in a statement. The price hike will affect both internal combustion engine (ICE) vehicles and electric vehicles (EVs). MG Motor's current lineup ranges from the entry-level Comet EV, starting at ₹7.36 lakh (ex-showroom), to the premium Gloster SUV, starting at ₹43.35 lakh. While specific model-wise increases haven't been detailed, the revision will apply to most offerings. JSW MG Motor India, a joint venture between MG Motor and the JSW Group, has been ramping up its EV focus and local manufacturing efforts to manage cost pressures and improve supply chain resilience. With price hikes becoming more common across the auto industry, customers considering a new MG vehicle may find it cost-effective to make purchases before the July 1 revision takes effect.
Mint
3 days ago
- Automotive
- Mint
MG Motor India to increase prices across model range from July 1: All details
JSW MG Motor India has confirmed a price increase of up to 1.5 per cent across its entire vehicle portfolio, effective from 1 July 2025. The adjustment will apply to all models currently on sale, including the Comet EV, Windsor EV, ZS EV, Astor, Hector, and the flagship Gloster. The company attributed the upcoming revision to escalating input costs and broader macroeconomic pressures. In a statement, MG Motor India said the price hike aims to 'mitigate the impact of rising input costs and other macroeconomic factors,' suggesting that the brand is grappling with growing expenses that are now being partially passed on to consumers. This announcement comes shortly after a notable price cut for the MG ZS EV, which saw a reduction of up to ₹ 4.44 lakh. Despite that, the ZS EV remains MG's most expensive electric model, with prices beginning at ₹ 13 lakh (ex-showroom). The current MG range opens with the Comet EV, priced from ₹ 4.99 lakh, followed by the Windsor EV at ₹ 10 lakh. Among the brand's petrol offerings, the Astor starts at ₹ 11.30 lakh, the Hector at ₹ 17.5 lakh, and the top-of-the-line Gloster from ₹ 41.07 lakh (all prices ex-showroom). MG Motor continues to strengthen its foothold in the Indian EV market by offering the innovative Battery-as-a-Service (BaaS) model, which separates the battery cost from the vehicle's price. This approach helps reduce the initial purchase cost for electric vehicle buyers, making EV ownership more accessible. Looking ahead, MG Motor is preparing to enter the luxury segment with a host of new offerings. The company has announced the launch of the M9 Limousine next month, marking its foray into the high-end vehicle category. Later in the year, MG will also introduce the Cyberster, an electric convertible sports car aimed at driving performance-oriented innovation within its EV line-up. Both premium models will be retailed through a newly introduced dealership network, MG Select, designed to deliver a more exclusive customer experience. Additionally, the automaker previewed the Majestor. I could be a luxury SUV concept based on the Gloster. The Majestor is expected to join the line-up in the coming months, signalling MG's intent to broaden its premium offerings in the Indian market.
Time of India
3 days ago
- Automotive
- Time of India
JSW MG Motor India to hike vehicle prices from July
JSW MG Motor India on Wednesday said it will hike prices of its vehicles by up to 1.5 per cent across most of its offerings from July 1. This revision is being done to mitigate the impact of rising input costs and other macroeconomic factors, the company said in a statement. The company sells a range of conventional engine and electric vehicles like Comet EV with price starting at Rs 7.36 lakh to SUV Gloster at starting price of Rs 43.35 lakh.
Hindustan Times
3 days ago
- Automotive
- Hindustan Times
JSW MG Motor India to hike prices across range by up to 1.5% from July 1
The price hike affects all models in the JSW MG Motor India lineup starting from July 1, 2025 Check Offers JSW MG Motor India has announced it will be increasing prices across its model range with effect from July 1, 2025. The automaker will be increasing prices by up to 1.5 per cent across its product lineup, comprising the Comet EV, Windsor EV, ZS EV, Astor, Hector, and Gloster. MG To Hike Prices From July 1 MG Motor India explained that the price revision is being done to 'mitigate the impact of rising input costs and other macroeconomic factors." The increment has been announced just days after the automaker revised prices on the ZS EV electric SUV, which dropped by up to ₹ 4.44 lakh. Also Read : MG ZS EV gets a massive price cut of up to ₹ 4.44 lakh The price hike will be marginal on its mass-market cars. Meanwhile, MG is gearing up to enter the luxury vehicle segment later this year The MG vehicle range starts with the Comet EV priced from ₹ 4.99 lakh, followed by the Windsor EV starting at ₹ 10 lakh. The MG ZS EV remains the brand's most expensive EV priced from ₹ 13 lakh. With respect to internal combustion engine (ICE) offerings, the brand's lineup starts with the MG Astor at ₹ 11.30 lakh, followed by the Hector priced from ₹ 17.5 lakh, with the Gloster right on top, priced from ₹ 41.07 lakh. All prices are ex-showroom. MG is the first automaker in India to offer Battery-as-a-Service (BaaS) option on its electric vehicles, bringing the ex-showroom price substantially, ensuring a lower acquisition cost for customers. Upcoming MG Cars In India The automaker will soon enter the luxury vehicle segment as well with the launch of the M9 Limousine, slated to arrive next month. This will be followed up with the Cyberster electric convertible sports car, also scheduled to arrive later in the year. Both the premium offerings will be sold via the new MG Select dealership network. The brand also showcased the Majestor, a more premium version based on the Gloster, at the 2025 Bharat Mobility Global Expo, which could arrive later in the year. Check out Upcoming Cars in India 2024, Best SUVs in India. First Published Date: 25 Jun 2025, 16:38 PM IST
