MG Motor India to Increase Prices by Up to 3% Starting January 2024

MG Motor India has announced a price hike across its vehicle range, effective from January 1, 2024, due to rising input costs and inflation. The adjustment will apply to all models, including the budget-friendly Comet EV and the premium Gloster SUV. Current prices for MG vehicles range from ₹7.98 lakh to ₹43.87 lakh.

To attract buyers before the price hike, the company is offering special year-end deals. This move aligns with similar trends in the automotive industry as other brands like Maruti Suzuki and Tata Motors also plan price increases early next year.