Latest news with #MGMotor
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.
Economic Times
19-06-2025
- Business
- Economic Times
Keeping a journal
There is a singular, unspoken joy in putting pen to paper and watching the chaos of one's mind take the form of sentences and doodles. Keeping a journal is not merely a habit, it's an act of quiet rebellion against life clockworking by. In a world obsessed with broadcasting, podcasting, forecasting, typecasting,... keeping a journal is an inward act where you double as both creator and lies in the silence that surrounds it. Unlike a conversation, there is no urgency to respond, no performance to maintain. One writes or sketches, and in that act, becomes. A journal doesn't judge, interrupt or scroll away. It holds your thoughts with patience, however wild, petty, brilliant or unformed they might be. Happiness blooms not just in recording big 'events' but also in the mundane details: the way sunlight fell on the floor at 3 pm, the overheard joke at the chai stall.... More than a record, a journal is a friend - unerringly loyal, never bored by your repetitions, never resistant to your thoughts slipping this way or that. Reading old entries offers a peculiar kind of joy: embarrassment of past melodrama, surprises of forgotten insights... comfort of your continuity. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Why Infy's Parekh takes home more than TCS' CEO despite being smaller Central bankers print currency for all, but why do they chase gold? Worrying cracks hiding behind MG Motor's own 'house of Windsor' Why failed small businessmen die by suicide when those behind big blow-ups bounce back? Stock Radar: Ascending Triangle pattern breakout makes Mphasis an attractive buy; stock up over 30% from April lows Buy, Sell or Hold: BSE doubles from March lows, but brokerages turn cautious after SEBI's expiry day directive These mid-cap stocks with 'Strong Buy' & 'Buy' recos can rally over 25%, according to analysts F&O Radar| Deploy Bear Put Spread in Nifty for gains from volatility, negative stance
Economic Times
19-06-2025
- Business
- Economic Times
The days of English supremacy are went
In a twist of linguistic fate, fluent English speakers everywhere are bracing for the inevitable: the total social collapse of English language prestige. Still considered in some quarters to be the global passport to power, diplomacy and deeply awkward small talk at corporate mixers, English is, we are told by reliable sources, on its way to becoming the linguistic equivalent of wearing socks with sandals - technically functional, but spiritually, aesthetically, civilisationally embarrassing. And the revolution is being ushered in - no, not by those who don't speak English, but - by those who speak English 'badly' (whatever that means). Even lifelong English language supremacists - to be found in quaint locales like Kolkata rather than anywhere in England - are now finding speaking the language 'humiliating'. People who felt superior just saying 'schedule' with a soft 'sh' now prefer speaking Tamil, or even Mandarin. Once Indian teenagers started calling out grammar snobs on social media, anglophonic teens in England and America retaliated by learning Malayalam, Spanish or Bengali. Interlinear group chats have called out English as 'kind of cringe'. Keeping this galloping trend in mind, we must inform you that any day now - because of the shame in writing this in English - this column will switch to another language. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Why Infy's Parekh takes home more than TCS' CEO despite being smaller Central bankers print currency for all, but why do they chase gold? Worrying cracks hiding behind MG Motor's own 'house of Windsor' Why failed small businessmen die by suicide when those behind big blow-ups bounce back? Stock Radar: Ascending Triangle pattern breakout makes Mphasis an attractive buy; stock up over 30% from April lows Buy, Sell or Hold: BSE doubles from March lows, but brokerages turn cautious after SEBI's expiry day directive These mid-cap stocks with 'Strong Buy' & 'Buy' recos can rally over 25%, according to analysts F&O Radar| Deploy Bear Put Spread in Nifty for gains from volatility, negative stance
