MG Motors Pakistan
Pakistani automobile manufacturer From Wikipedia, the free encyclopedia
MG JW Automobile Pakistan Pvt Ltd operating as MG Motors Pakistan[1] is a Pakistani automobile manufacturer and joint venture between JW-SEZ Group and SAIC motors.[2][3][4][5][6][7][8]
| |
| Industry | Automotive industry |
|---|---|
| Founded | 2020 |
| Founder | Zhang Jianmin |
| Headquarters | , |
Area served | Pakistan |
Key people | Zhang Jianmin (CEO) |
| Products | Automobiles |
| Owner | SAIC Motor International China (Mr. Zhang Jianmin) |
| Parent | JW-SEZ Group SAIC Motor MG Motor |
| Website | mgmotors |
History
MG JW Automobile Pakistan is owned by SAIC Motords China (51%) and JW Group Pakistan (49%). MG JW Automobile Pakistan has signed a Memorandum of Understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor China to bring ICE, PHEV and EV cars to Pakistan. It has established state of the art assembling plant for ICE and PHEV manufacturing in Lahore. MG Motors launched two models namely MG HS, MG ZS and MG ZS EV in Pakistan in 2020.[4][5][6][7][8]
Launching Ceremony
Prime Minister Imran Khan inaugurates MG JW Automobile.[9]
JW-SEZ Raiwind
The Board of Investment (BoI) has approved MG JW Automobile Pakistan Pvt Ltd to manufacture electric vehicles in the country’s first private Special Economic Zone (SEZ) in Raiwind.[10][11]
Operations in Pakistan
MG Motors in Pakistan faced a delay in spare parts supply, which led to a backlog of customer orders and potential production disruptions. According to a report, the company was taking measures to address the issue, including working with its suppliers and expediting shipments. However, some customers experienced significant delays in receiving their orders, which could have negatively impacted the company's reputation and sales figures.[12]
In 2021, the Federal Board of Revenue (FBR) investigated MG Motors in Pakistan for under-invoicing vehicles to evade taxes. The investigation was launched in response to a complaint from its competitive, most probably Indus Motors, which claimed that the company was involved in fraudulent practices. 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]
At the beginning of 2023, The retail price of MG Essence increased by 19% in Pakistan due to an increase in customs duties.[14]
Electric Vehicles
JW-SEZ Group and SAIC motors are making Pakistan a part of the global EV revolution.[9][15]
Products
See also
References
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