MG Increases Price of Popular SUV MG HS Exclusive

The Morris Garrages MG Pakistan has announced to increase the Price of Its most popular SUV MG HS Exclusive. The company has also released a notification regarding the price increase. This time the company has made a massive increase on the price of MG HS. The company has announced the step wise price hike on the SUV by 6, 5499,000 Rs.

According to the notification issued by MG Pakistan, the company has announced the price hike with full payment by Rs 200’000 and delivery will be made in November-December. So these customers will have to pay Rs 5,949,000 instead of previous price which was Rs 5, 749, 000. On the other side, with partial payment, the consumers have to pay Rs 500,000 with a delivery in November-December. Thus the new price for theses customers will become Rs 6, 249, 000.

Finally, the customer ordering new MG HS SUV with a delivery in January 2022 will have to pay an increased price by Rs 850, 000. The new MG HS exclusive Prices are effective now.



MG HS Exclusive Price Hike Reasons

Regarding price hike, the MG Pakistan has issued an official statement.

According to MG Pakistan:

“The main concern is the rising operational cost,”

The company further claims that automotive industry across the globe particularly and Pakistan in general are facing crucial circumstances. So the Auto companies are bound to raise the car prices to tackle with their issues.

According to MG Pakistan, the company has delivered 10,000 units till now. The major reason behind increase in the MH HS Exclusive Price are:

 Pakistani Rupee get weak against US Dollar
 Due to COVID-19 crises freight cost increased
 Due to rise in the fuel price local freight increased
 Global chip shortage and price hike

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