Corporate Business

MG Completes Acquisition of GM’s Halol Plant

It was already known that MG Motor India, the completely owned subsidiary of SAIC Motor Corp, will be beginning its operations in the country in 2019. In line with its plan, the company recently completed the acquisition of GM’s Halol plant. The first product that will roll out from the MG’s Halol plant will be launched in the Indian market in 2019. This will be followed by the launch of the next product in the following year.