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mg hector

​JSW Group to acquire 35% stake in MG Motor India

by Horatio Thompson
​JSW Group to acquire 35% stake in MG Motor India

Sajjan Jindal-promoted JSW Group Thursday inked an agreement with China’s SAIC Motor to acquire 35% stake in Indian subsidiary MG Motor India to jointly run automobile operations in the country. …

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MG Motor to rejig dealer network ahead of deal with Sajjan Jindal firm

by Horatio Thompson
MG Motor to rejig dealer network ahead of deal with Sajjan Jindal firm

MG Motor India plans to overhaul its dealership network by closing underperforming ones and opening new dealers in newer locations ahead of a potential alliance between its Chinese parent and …

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MG Motor mulls options for setting up a second India plant

by Horatio Thompson
MG Motor mulls options for setting up a second India plant

MG Motor is looking at the possibility of setting up a second plant in India, news agency PTI reported on September 21 quoting an official of the company. “We are …

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