MG Motor India Records Strong March Sales, Announces Price Hike from April

JSW MG Motor India reported robust sales growth in March 2026, selling 6,528 units during the month—a 19 percent increase compared to the same period last year. The rise was driven by sustained demand across both internal combustion engine (ICE) vehicles and electric vehicles (EVs), reflecting the brand’s expanding footprint in the Indian auto market.

Balanced Demand Across ICE and EV Segments
The company noted that strong performance in both conventional fuel vehicles and its electric lineup contributed to the overall growth. This trend highlights a balanced consumer shift, where buyers continue to show interest in petrol and diesel models while increasingly adopting electric mobility options.

Financial Year Ends on Positive Note
MG Motor indicated that the positive sales momentum extended through the end of the financial year, supporting improved overall business performance. The company has been steadily strengthening its portfolio and market presence amid rising competition in India’s automotive sector.

Price Increase Effective April 1
In a key development for customers, MG Motor India announced a price hike of up to 2 percent across its entire vehicle range starting April 1, 2026. The company attributed this decision to rising input costs, including raw materials and components, amid broader inflationary pressures affecting the auto industry.

Additionally, prices of models under the premium “MG Select” portfolio—such as the Cyberster and M9—will see a sharper increase of up to 7 percent.

EV Segment Continues to Expand
The electric vehicle segment in India witnessed significant growth in March, with both electric cars and two-wheelers recording higher sales. MG’s performance aligns with this broader trend, as consumer interest in EVs continues to rise alongside government incentives and improving infrastructure.

Market Outlook
Despite global uncertainties, including geopolitical tensions impacting supply chains, the Indian auto sector has maintained steady growth. Recent tax adjustments have also supported demand for ICE vehicles, while EV adoption continues to accelerate.