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regular-article-logo Monday, 23 December 2024

JSW MG Motor India to hike prices by up to 3% from January

The price increase is a result of continuously rising input costs and other external factors, the automaker says in a statement

PTI New Delhi Published 06.12.24, 06:13 PM
Representational image.

Representational image. Shutterstock picture.

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.

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"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.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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