MG Motor India to launch SUV Hector by center of this yr, Auto Information, Automobilnews
MG Motor India, a wholly-owned arm of China’s SAIC Motor Corp Wednesday mentioned it can launch a sports activities utility automobile, Hector in the course of this yr to kick off its journey within the nation. The MG Hector will go in to manufacturing within the second quarter of 2019 on the firm’s manufacturing facility at Halol, Gujarat, MG Motor India mentioned in a press release. “With over 75 per cent localisation ranges to start with, the corporate goals to enter the rising premium sports activities utility automobile (SUV) phase with a best-in-class providing that units a brand new benchmark in its phase,” it added.
Commenting on the upcoming product, MG Motor India President & Managing Director Rajeev Chaba mentioned, “primarily based on the corporate’s world platform, the Hector has been closely re-engineered to counterpoint product attributes and go well with the evolving preferences of the purchasers and Indian highway situations.”
Additionally learn: MG Motors India names first SUV ‘Hector’
With 100 gross sales and repair contact factors in place by Might 2019, he mentioned, “we’re assured that we can exceed the market expectations with Hector.” Final yr MG Motor India had acknowledged that it could enhance funding to over Rs 5,000 core within the subsequent 5 to 6 years because it gears as much as launch one new product annually in India from 2019.
The corporate had already began investing Rs 2,000 crore on upgrading the Halol plant in Gujarat which it had acquired from Basic Motors in 2017.