JSW MG Motor India Announces Price Hike Amid Rising Costs

JSW MG Motor India has announced a marginal price hike of up to 1.5% across most of its product range, effective July 1, 2025. This adjustment is necessary to offset the impact of increasing input costs and broader macroeconomic factors affecting the automotive industry, it says. The exact increase will vary by model and variant.

This is not the first time MG Motor India has adjusted its prices. The company previously announced price hikes of up to 3% across its entire model range starting January 2025, also citing rising input costs and external factors.

The Indian automotive sector has seen multiple price revisions this year. Several carmakers, including Maruti Suzuki, Hyundai, Tata Motors, Mahindra, Kia, Honda, Renault, and BMW announced price increases effective April 2025. These hikes, generally ranging from 2% to 4%, were similarly attributed to rising raw material costs, operational expenses, and inflationary pressures. This suggests that passing on these increased costs to consumers has become a common industry practice to maintain financial viability.