In response to the rupee's strengthening against the dollar, MG Motors has announced a Rs600,000 price decrease for its HS Essence model.
The crossover SUV's revised pricing is Rs8,099,000 as of October 16.
According to Syed Asif Ahmed, general manager of MG Motors Pakistan, "passing on the forex benefit to the consumer is a logical direction for all businesses, including the automotive industry."
According to MG Pakistan website MG HS is designed to be both spacious and comfortable with a raised driving position to sit head and shoulders above the rest.
MG HS with a sporty exterior and an interior is the new standard of luxury vehicles in Pakistan.
The most noticeable feature at the front is the stellar field grille. The rear is even classier with twin tailpipes and an aluminum lower bumper with a sporty finish.
-Adaptive Cruise Control
-Intelligent High Beam Control
-Blind Spot Detection
-Rear Cross Traffic Alert
-Traffic Jam Assist
-Lane Departure Warning System
-Lane Keep Assist
-Lane Change Assist
-Door Open Warning
It is worth mentioning here that as the rupee strengthened against the dollar earlier this month, Lucky Motor Corporation (LMC) also announced a price decrease of up to Rs500,000 on its KIA automobiles.
Pakistani currency remains stable against US dollar and other currencies in the open market on February 21, 2024 (Wednesday).
In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.
Euro comes down to 300 for buying and 303 for selling while British Pound rate stands at 350.5 for buying, and 354 for selling.
UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.
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