MG Motor India launched the Hector in the Indian market yesterday at INR 12.18 lakh (ex-showroom, Delhi), and it has already confirmed that eZS electric SUV will be its second product.
After the eZS, MG Motor India will also launch two other SUVs, the 7-seat Hector and a sub-compact SUV. Following these SUVs, the company could launch a hatchback to achieve much higher volumes. A new report from The Economic Times says that MG Motor India has started groundwork on a hatchback. Asked whether the company will consider a hatchback, Rajeev Chaba, President and MD, MG Motor India, said: "Absolutely, it is on the agenda."
Absolutely, it is on the agenda. There has been some conversations in this regards, and it may be possible in the next three years.
It possible that the MG 3 is the hatchback under consideration for India. The second-gen MG 3, introduced in December 2010, has received a facelift twice and is at the end of its lifecycle now. Our market will likely get the third-gen MG 3. This sub-compact hatchback will compete with the likes of Hyundai i20, Maruti Baleno and Honda Jazz. An A-segment hatchback is not present in the MG line-up globally. Also, the B-segment is relatively much less competitive and safer to enter for a new brand in our brand.
Also Read: MG Hector bookings cross 10,000 units in less than a month
The MG hatchback, if launched, would be produced at the company's Halol plant in Gujarat, which currently manufactures the Hector. This manufacturing facility was acquired from General Motors in 2017.
[Source - ETAuto]
