On Thursday MG Motors India launches MG hector SUV which comes under seven seater segment. the price for this SUV ranges from 13.35 lakh INR to 18.33 lakh INR. MG motors is taking a target of selling 50,000 vehicles within the India in 2021.
For the sake of sales growth in India the company is also willing to launch a smaller version of SUV later this year as it enhances the sales growth to 70% - 75% .
We are happy that 2020 is over, and now we are getting into 2021. Luckily we finished at a very good pace in the last few months...I hope there are no more surprises this year...The strengthening of our existing cars and the new car put together, we are looking at at least 70-75 per cent growth for this year, MG Motor India President and Managing Director Rajeev Chaba told .
as per chaba's expectation he also mentioned that
Last year the industry was down by 18 per cent, but our sales went up by 77 per cent. So this year 2021, I am expecting industry growth to be 15-20 per cent (albeit over low base) and we are expecting much more than that. At least we are expecting 70-75 per cent growth.
Elaborating on how the company would achieve the target, he said, "For us we are still a newcomer and I think still we have some more arms in our armory. We are introducing the 7-seater Hector Plus.
The seven Seater MG hector SUV comes with 2nd row bench seats for 3 adults and 3rd row for two children with engines comes in 1.5 litre turbo petrol and 2 litre turbo diesel.
MG Motors in 2021 is looking for 100% increase in sales as in last year 2021 the total sale was 1300 and for 2021 they are looking for 2500 to 3000 Electric Vehicle sales, to enhance the net growth, this statement seems to be absurd as due to lack of charging infrastructure these numbers look pretty high and with no proper market idea maybe.
also MG Motor India said that they also have a over 60 connected cars features with an additional features like i-smart App on apple watch, wifi connectivity, weather forecast, alert for tyre pressure which looks a pretty decent features.
though MG Motor is claiming a lot, the only thing we need to do is to wait and watch till the year end on how much they succeeds on their plan.
Source - The Economic Times News
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