India, Dec. 18 -- JSW MG Motor India Pvt. Ltd. has announced a price hike of up to 2%, at a time when its car sales have lagged despite GST bonanza for the wider industry.
The price hike is effective from 1 January 2026 and will vary as per the model and variant, according to a company statement on Thursday. The change was warranted due to rising input costs and other macroeconomic factors.
The price hike-an annual phenomenon-comes close on the heels of the GST rationalisation that made small cars to SUVs cheaper in the world's third largest car market. Effective 22 September,
But while India's car sales jumped by nearly 20% year-on-year due to the GST bonanza that coincided with the festive season, those of JSW MG Motor have declined....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.