rediff.com

MG Motor India to Hike Car Prices in January 2024

Share on:

By Rediff Money Desk, NEWDELHI   Dec 04, 2023 19:30

MG Motor India announces price hikes for its vehicles in January 2024, citing rising costs due to inflation and commodity prices. Other automakers like Maruti Suzuki, Mahindra & Mahindra, and Audi have also announced similar price increases.
MG Motor India to Hike Car Prices in January 2024
New Delhi, Dec 4 (PTI) MG Motor India on Monday said it will hike prices of its vehicles in the country with effect from January 2024.

The hike is owing to the rising costs attributed to overall inflation and increased commodity prices, the company said in a statement.

MG Motor, however, did not disclose the quantum of price hike it plans to take from next month.

Maruti Suzuki, Mahindra & Mahindra and Audi India have also announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall inflation and increased commodity rates.

Besides, Tata Motors and Mercedes-Benz India are mulling increasing the prices of their models from January.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!