[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]MG Pakistan intends to launch two new HS Crossover SUV models. The models will be Excite and 2.0 AWD, in an effort to increase its market presence against competitors.
MG revealed this information at a press tour last week. In addition, as part of its expansion strategy, MG is eyeing the sedan sector, which presently accounts for 45% of the market.
Asif Ahmed, General Manager Marketing Division, expressed excitement about the sedan market’s potential and indicated that their initial sedan product might be the MG GT.
The company has sold 15,000 MG HS devices in the last two and a half years, according to the details. Despite the current economic scenario, Asif noted that MG Motors remains optimistic about Pakistan’s automotive potential.
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He stated that the auto sector has always demonstrated “V-type recovery in the past” and predicted a promising and profitable market in the near future.
In a single year, MG’s manufacturing plant has grown significantly. Asif claimed that the corporation has invested $100 million, reaffirming its commitment to the Pakistani market.
MG’s plant currently has an annual production capacity of 25,000 automobiles. However, due to present economic difficulties, monthly output has been reduced to 400 automobiles.
For the time being, no information about the launch of new variants, their features, or costs is available. However, with their introduction, HS will almost certainly pose an even larger threat to existing compact crossover SUVs.[/vc_column_text][/vc_column][/vc_row]
