JSW MG Motor India Raises Prices Up to 3% from January
By Rediff Money Desk, New Delhi Dec 06, 2024 17:47
JSW MG Motor India announced a price increase of up to 3% for its entire model range starting January due to rising input costs and external factors.
New Delhi, Dec 6 (PTI) JSW MG Motor India on Friday said it will increase prices of its entire model range by up to 3 per cent from January.
The price increase is a result of continuously rising input costs and other external factors, the automaker said in a statement.
"Our dedication to quality, innovation and sustainability remains a priority and drives us to improve our offerings continuously. In doing so, minor price adjustments are inevitable to offset the rising input costs," JSW MG Motor India Chief Commercial Officer Satinder Bajwa Singh said.
While the company tries to minimise impact on customers, a marginal price increase shields it from inflationary challenges, he added.
The price increase is a result of continuously rising input costs and other external factors, the automaker said in a statement.
"Our dedication to quality, innovation and sustainability remains a priority and drives us to improve our offerings continuously. In doing so, minor price adjustments are inevitable to offset the rising input costs," JSW MG Motor India Chief Commercial Officer Satinder Bajwa Singh said.
While the company tries to minimise impact on customers, a marginal price increase shields it from inflationary challenges, he added.
Source: PTI
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