The fresh capital will help the company fuel international growth across the US, Europe, Latin America, and Asia-Pacific markets
Specific tailored marketing pitches using first party data, smoother payment and financing processes and digital launches are among the ways in which auto majors are keeping their brands in the game.
MG has a backlog of 17,000 units to deliver, and a few thousand buyers have been waiting since July, said Chaba, adding that despite the long wait, the company hasn't seen many cancellations
At MG Motor, the company is working with select panchayat committees to encourage more women graduates to join the auto industry and to ensure a better diversity mix at its showrooms
HECTOR PLUS is designed to build on the success of HECTOR and has a more premium look and customisable seating configuration, along with revamped interiors and exteriors.
Auto Expo 2020: This edition is set to witness a plethora of launches and unveiling at the India Expo Mart, Greater Noida
The company's current manufacturing facility in Halol (Gujarat), which it bought from General Motors, can roll out a maximum of one lakh units per annum
On the impact of the coronavirus outbreak, Gupta said,"We expect significant disruption in supply chain from European and Chinese/Asian suppliers"
Disruption in supply chain from European, Chinese and other Asian suppliers would impact the automaker
EESL is seeking to leverage the immense potential of replacement of existing vehicles in the government departments for initial demand aggregation
This number is more than the total number (1,071) of electric cars sold in India in calendar year 2019. MG has stopped registrations for the ZS and will cater to 2,409 of the total bookings
MG Motor is set to launch its second car and the first electric vehicle - MG ZS EV - in India this month
Kia Motors and MG Motor were from the automobile sector which was the flag-bearer of the downturn and yet both have made a mark
'Direction from the government is very clear that EV is the future', said MG Motor India President
MG Motor India currently has over 150 centres across India and aims to further strengthen its network count to 250 centres by March 2020
The partnership will allow end-of-life ZS EV batteries to be recycled, thus ensuring greater peace of mind to MG customers about their ecological footprint
'Will be looking to introduce more EVs in the market to cater to multiple sub-groups,' says Gaurav Gupta, MG Motors
MG Motor unveiled a first of its kind digital showroom to provide visual immersive experience of vehicles to customers
With increased production, MG Motor will take a decision on re-opening bookings of the Hector later this year.
MG Motor India's current production capacity for Hector at its Halol plant in Gujarat is around 2,000 units a month