SAIC To Scale Back Stake In JSW MG Motor India

SAIC trims stake in JSW MG Motor India amid policy hurdles Chinese automaker SAIC Motor is preparing to reduce its shareholding in JSW MG Motor India and pause fresh investments, as regulatory restrictions and valuation disagreements cloud its operations in the Indian market. SAIC intends to “substantially” dilute its current 49% stake in the joint … Read more

MG To Reduce SUV Prices Amid GST Reforms

MG Reduces Prices Of SUVs Amid GST Reforms, Gloster To Benefit Up To Rs. 3.04 Lakh MG has announced that it will pass on the benefits of recent GST reductions to customers. The price adjustment covers the company’s entire ICE SUV lineup, including the Gloster, Hector, and Astor. These changes officially came into effect on … Read more

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