MG Motor India plans to overhaul its dealership network by closing underperforming ones and opening new dealers in newer locations ahead of a potential alliance between its Chinese parent and a private company owned by JSW Group chairman Sajjan Jindal, people aware of the development told ET. The maker of Hector and Astor SUVs also …
MG Motor India plans to overhaul its dealership network by closing underperforming ones and opening new dealers in newer locations ahead of a potential alliance between its Chinese parent and a private company owned by JSW Group chairman Sajjan Jindal, people aware of the development told ET. The maker of Hector and Astor SUVs also …
Passenger vehicle wholesales in India rose to record levels in September as automakers dispatched stocks to dealers in order to cater to the robust demand in the ongoing festive season. The industry dispatches stood at 3,63,733 units last month, the best ever in a month. The previous best was reported in August 2023 with dispatches …
MG Motor is looking at the possibility of setting up a second plant in India, news agency PTI reported on September 21 quoting an official of the company. “We are exploring the option of putting up a second plant in India. It generally takes two to three years for a new plant to come into …
Chinese car maker MG Motor India is exploring the possibility of setting up a second plant in the country, a company official said. Currently, the company has a manufacturing plant at Halol in Gujarat where the production capacity is 1.2 lakh units per annum. “We are exploring the option of putting up a second plant …
Munich: SAIC Motor Corp is weighing multiple options to partner an Indian company for expanding its presence in the growing automobile market, said Chen Hong, chairman of China’s largest automaker. The company didn’t comment when asked about the prospect of an alliance with JSW Group. ET reported in its June 14 edition that a private …