Tuesday, April 7, 2026
21.1 C
New Delhi

JSW MG Motor India announces up to 2% price hike across lineup amid declining sales

  • JSW MG Motor India has announced a price hike of up to 2% across all its models, effective January 1, 2026, citing rising input costs despite recent GST rationalisation.

MG Hector
MG is banking on the newly launched 2026 Hector facelift to support volumes following the announcement of a price hike

View Personalised Offers on

Check Offers icon Check Offers

JSW MG Motor India has announced a price hike of up to 2 per cent across all products in its portfolio. The new prices will be effective from January 1, 2026, and will vary depending on the specific model and variant. The company attributed the change in pricing to rising input costs and other macroeconomic factors.

While hikes come around every once in a while, MG has raised its prices amid a period of declining car sales despite the recent GST rate rationalisation that has made everything from small cars to SUVs and luxury models more affordable. The revised GST structure has reduced the tax on small cars to a flat 18 per cent from an effective 28 per cent. Large cars, SUVs, and luxury models were earlier taxed at 28 per cent, before being hit with a compensation cess that would go as high as 25 per cent and take the total tax incidence to ~50 per cent. This category will now be taxed at a flat 40 per cent, while the cess has been scrapped completely. EVs remain under the 5 per cent slab.

Despite the measures, MG’s charts reflect declining trends. FADA data for November 2025 showed that the company’s sales in the passenger vehicles market fell to 4,400 units, reflecting a 15.95 per cent year-on-year decline. According to EV sales data, MG’s volumes fell by 18.82 per cent month-on-month to 3,693 units from 4,549 in October 2025.

However, the company is still showing some consistent momentum across the year, having registered a 32 per cent year-to-date increase in wholesales during the January-November 2025 period. Its EV sales in November 2025 grew by 10.34 per cent from the same month last year, highlighting stable demand across its portfolio.

MG Motor India is now relying on the recently launched 2026 Hector facelift to drive up its volumes. Originally debuting in India in 2019, the mid-size SUV marked the brand’s entry and established the MG name on our shores. With its latest update, MG intends to renew its brand appeal to deepen its foothold within the market.

Check out Upcoming Cars in India 2025, Best SUVs in India.

First Published Date: 18 Dec 2025, 18:52 pm IST

Go to Source

Hot this week

Is JD Vance unaware of Trump’s Iran strikes? VP caught off guard as reporters ask him to check phone

In an awkward moment on the world stage, US vice president JD Vance was left scrambling during a press conference after realising he had been caught off guard about new developments in the crisis with Iran. Read More

Why Does Ayurveda Swear By Honey For Immunity And Digestion?

In Ayurvedic practice, honey is not treated as a simple sweetener. Read More

Chhattisgarh CM Vishnu Deo Sai meets PM Modi, unveils ‘Bastar 2.0’ growth vision

. NEW DELHI: Chhattisgarh chief minister Vishnu Deo Sai met Prime Minister Narendra Modi here on Tuesday to present him with a Bastar 2. Read More

‘Nee po mone’ rift deepens: Telangana’s Reddy hits back with fiery rejoinder at Kerala’s Vijayan

NEW DELHI: Telangana chief minister A Revanth Reddy fired back at Kerala counterpart Pinarayi Vijayan with a pointed letter. Read More

Kerala Election 2026: From Pinarayi Vijayan To Rajeev Chandrasekhar, Star Candidates In Focus

Kerala election 2026: Key battles feature LDF vs UDF with BJP pushing in Nemom and leaders like Vijayan and Chennithala in focus. Read More

Topics

Is JD Vance unaware of Trump’s Iran strikes? VP caught off guard as reporters ask him to check phone

In an awkward moment on the world stage, US vice president JD Vance was left scrambling during a press conference after realising he had been caught off guard about new developments in the crisis with Iran. Read More

Why Does Ayurveda Swear By Honey For Immunity And Digestion?

In Ayurvedic practice, honey is not treated as a simple sweetener. Read More

Chhattisgarh CM Vishnu Deo Sai meets PM Modi, unveils ‘Bastar 2.0’ growth vision

. NEW DELHI: Chhattisgarh chief minister Vishnu Deo Sai met Prime Minister Narendra Modi here on Tuesday to present him with a Bastar 2. Read More

‘Nee po mone’ rift deepens: Telangana’s Reddy hits back with fiery rejoinder at Kerala’s Vijayan

NEW DELHI: Telangana chief minister A Revanth Reddy fired back at Kerala counterpart Pinarayi Vijayan with a pointed letter. Read More

Kerala Election 2026: From Pinarayi Vijayan To Rajeev Chandrasekhar, Star Candidates In Focus

Kerala election 2026: Key battles feature LDF vs UDF with BJP pushing in Nemom and leaders like Vijayan and Chennithala in focus. Read More

Rajasthan Royals IPL 2026 Squad: Who Earns The Most?

Show Quick Read Key points generated by AI, verified by newsroom RR IPL 2026 Highest Paid Players: The Rajasthan Royals lifted the IPL trophy in its inaugural season, but the title has eluded them ever since. Read More

Bangladesh foreign minister arrives in New Delhi, to hold high-level talks on Wednesday

Khalilur Rahman’s trip to New Delhi is the first high-level visit by a senior member of the new Bangladesh Nationalist Party government led by Prime Minister Tarique Rahman Go to Source Read More

Related Articles