MG aims to double sales

MG aims to double sales

MG Sales Thailand, the distributor of MG cars, aims to double its sales for the second year in a row in 2017, led by the MG3 model.

The company yesterday said sales of MG vehicles last year reached 8,319 units, up 120%.

The surge was largely due to the company's introduction of the MG GS 1.5-litre turbo engine and the colourful MG3 subcompact.

The MG3 continued its success throughout the year, contributing 70% of overall sales.

"2016 was another highly productive year for MG in Thailand," said Pongsak Lertrudeewattanavong, vice-president of MG Sales Thailand. "MG sales in 2016 were strong in contrast to the sluggish growth of the automotive market in Thailand. Our strong sales clearly reflect higher customer confidence in MG products and our services."

In 2016, Thailand's domestic car sales dropped 3.9% from a year earlier to 768,788 vehicles.

Founded in 2013, MG Sales Thailand is the sales, marketing, and after-sales service arm for the MG brand in Thailand.

It also overseas dealer networks of a joint venture between Charoen Pokphand Group and the Shanghai Automotive Industry Corporation, SAIC Motor-CP, founded in 2012. The Chinese company owns 51% of the venture.

The carmaker's first 9-billion-baht factory, with total production capacity of 50,000 units, was built in the Hemaraj Eastern Seaboard Industrial Estate in Rayong and began operations in June 2014.

Despite gloomy economic conditions, Chinese-Thai joint venture SAIC Motor-CP Co last year began construction of its second assembly plant at Hemaraj Eastern Seaboard Industrial Estate 2 in Chon Buri province.

SAIC Motor-CP bought 438 rai of land for an undisclosed sum from SET-listed Hemaraj Land and Development Plc in November 2015. It announced in May last year plans to build a second 700,000-square-metre facility to handle assembly processes under one roof.

The investment cost for the second facility is estimated at 30-40 billion baht.

Do you like the content of this article?

House raided after 'pretty' party death

Police raided a house in Chatuchak district of Bangkok on Friday as part of their investigation into the death on Tuesday of a model hired as a hostess along with several other women at the residence on Monday.


600,000 speed pills seized in Nakhon Phanom

NAKHON PHANOM: A Bangkok motorcycle taxi driver arrested in this northeastern province with 600,000 speed pills has said the Covid pandemic drove him to become a drug courier to support his family, authorities say.


Chaiwat defiant

Former Kaeng Krachan park chief responds angrily to anti-graft agency’s bid to remove him from civil service over burning of Karen villagers’ homes a decade ago.