MG Motor To Increase Price Of Hector By 2-3% From Month End

Current price is only introductory one, says President & MD Rajeev Chaba

- S Ronendra Singh

When other automobile companies are giving discounts to boost sales and passing on the benefits of the government’s announcement on corporate tax reduction, MG Motor India has decided to increase the price of its Hector SUV by 2-3 per cent from this month-end.

Speaking on the sidelines of an event, Rajeev Chaba, President and Managing Director, MG Motor India, told BusinessLine, “We will hike the price by 2-3 per cent because the current price is the introductory price. From the next booking that starts on September 29, we will announce the price hike.”