MG Cars to Get Costlier from April 1 as Rising Costs Hit Auto Sector

MG Cars to Get Costlier from April 1 as Rising Costs Hit Auto Sector

JSW MG Motor India has announced a price increase of up to 2% on most of its models starting April 1, 2026, citing rising input and production costs across the automobile sector.

New Delhi: Buying an MG car is set to become slightly more expensive from April, as JSW MG Motor India has confirmed a price revision across its lineup. The increase, which will come into effect from April 1, 2026, is expected to be up to 2% on select models.

The company has attributed the move to continued pressure on input costs—something that has been impacting the entire automobile industry over the past year.

This price revision will apply to most vehicles in MG’s portfolio, including both petrol and electric models sold through standard dealerships. However, premium offerings under the MG Select category such as high-end electric vehicles—are likely to remain unaffected by the hike.

Why prices are increasing:

Cost of raw materials like steel and aluminium has gone up

Higher logistics and transportation expenses

Expensive imported components due to currency fluctuations

Growing technology costs in EV and smart features

Industry experts say that carmakers have been absorbing these rising costs for months, but now passing a part of the burden to customers has become unavoidable.

What it means for buyers:

For customers planning to buy an MG vehicle, this creates a short window of opportunity. Dealers are already seeing increased enquiries as buyers try to lock in current prices before the revision kicks in.

The hike may look small in percentage terms, but on higher-end models, it could translate into a noticeable increase in final on-road pricing.

Bigger industry trend:

MG is not alone in taking this step. Several automakers in India have either announced or are considering similar price adjustments as cost pressures continue to rise across the supply chain.

 

For now, the message is clear: the era of stable car prices is under pressure, and incremental hikes may become more frequent in the coming months.