New Arrivals of Petrol and Electric Models Boost MG's Italian Sales Figure
Fresh Take
Check out the scorching sales figures for MG, the British arm of the Chinese giant SAIC, in Italy! They wrapped up 2024 with a whopping 40,208 units sold, a 2.6% market share, and a 33% increase from 2023. The first quarter of 2025 saw a staggering 55% surge, selling 15,438 units and snagging a 3.5% market share. That's a whopping 25% increase they're aiming for by the end of this year, pushing for a maximum of 50,000 units sold!
Growing the Sales Network
It's not just sales that MG's after—they're aiming to broaden their sales network in Italy too. Their goal is to stretch from 60 dealers in 2024 to a mighty 70, with an additional 150 sales points to the current 130. Another cool tidbit about MG? Their warehouse in Tortona can ensure the availability of 97% of all available spare parts within 24 hours!
Industrial Settlement in Europe
With recent tariffs on SAIC at a 35.5% rate, there's a rumor brewing about one, maybe even two European settlements on the horizon. No definitive location yet, but Hungary's apparently one of the front-runners. Keep your eyes peeled—a decision might be coming by the end of the third quarter in 2025.
New Models Rolling In
April saw positive market trends for MG, and they're answering the call with two new models! First up is the MG3 petrol model, ditching the hybrid powertrain for a 1.5-litre 4-cylinder petrol engine delivering 115 hp. Priced at €16,990 and €18,400—with an juicy €2,000 promotion—you can grab it in Standard or Comfort variants.
Next, meet the petrol-powered ZS, joining the hybrid version with the same, punchy 1.5-litre 4-cylinder engine. The Standard variant starts at €20,490, with the Comfort variant costing up to €22,490, and an equally attractive €2,000 promotion to sweeten the deal.
- The growth in MG's sales is not limited to vehicles, as they are also expanding their presence in the finance industry, offering competitive financing options for their customers.
- In the energy sector, MG is taking steps to reduce their carbon footprint by investing in renewable energy sources for their vehicle manufacturing plants, aiming to make a substantial impact in the automotive industry's transition towards sustainable practices.
- As MG ventures into the European market, they are making strides in the transportation industry through the potential establishment of a new manufacturing plant in Hungary. This move would not only boost their local sales but also contribute to the growth of the automotive industry in Europe.
