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The FBR conducted a thorough investigation and found NO evidence of under-invoicing. MG Motors had already denied any wrongdoing and stated that they were committed to following all relevant laws and regulations. [13] In the beginning of 2023, The retail price of MG Essence increased by 19% in Pakistan due to an increase in custom duties. [14]
The most popular MG Motor product in international markets is the MG ZS subcompact SUV, with a cumulative sales of 999,612 units as of December 2023. [23] [24] [25] It is one of the most exported cars from China. [26] In 2023, MG Motor introduced its first new roadster, the Cyberster electric vehicle, which went on sale in 2024. [27]
MG was established in 1924 by Cecil Kimber in Oxford, UK. After a series of ownership changes, including a merger with Austin to form the British Motor Corporation (BMC) and later British Leyland, MG faced financial struggles in the late 20th century.
It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s ...
In May 2020, JW Auto Park signed a memorandum of understanding with Morris Garages regarding manufacturing and assembling of their electric cars in Pakistan. [8] JW-SEZ Group has also expressed its interest in launching the Wuling Hongguang Mini EV to the Pakistani market. [9] MG Motors offers its MG ZS EV in Pakistan. [10]
The following is a list of cars marketed under the British MG marque. The marque was owned, and the cars produced, by Morris Garages (1924–1930), M.G. Car Company (1930–1952), British Motor Corporation (1952–1967), British Motor Holdings (1967–1968), British Leyland (1968–1992), Rover Group (1992–2000), MG Rover Group (2000–2006), Nanjing Automobile Group (2006–2011), and MG ...
The MG4 EV or MG4 Electric is a battery electric small family car produced by the Chinese automotive manufacturer SAIC Motor under the British MG marque.First released in June 2022 as the MG Mulan in China (later renamed to MG4 EV in August 2023), [6] it was introduced in Europe in July 2022.
The first generation HS is the production model of the concept MG X-Motion. It debuted at the 2018 Beijing Auto Show. [5] [6] Engine options of the MG HS include a 1.5-litre inline-four turbo petrol engine producing 169 hp (171 PS; 126 kW), and a 2.0-litre inline-four turbo petrol engine, producing 231 hp (234 PS; 172 kW).