The full form of MG MOTORS is MORRIS GARAGES and many people know that MG MOTORS is a Chinese company, and many people know that MG MOTORS is a UK BRITISH company and many people like that MG MOTORS is an INDIAN COMPANY and how did MG MOTOR become such a big COMPUTATION in its BUSINESS? How did Only become its FACE VALUE in MG MOTOS? It was 3 years ago and how did MG MOTORS start and which country does this car come from? WE WILL TALK IN DETAIL ABOUT ALL MG MOTORS
MG MOTORS COMPANY OVERVIEW
| MG MOTORS HEADQUATER | GURGAON HARYANA GLOBAL -OXFORD UK |
| EMPOLOYEES IN MG MOTORS | 3600+2024 |
| FOUNDED IN | 1920 OXFORD UK IN 1920 (Cecil Kimber) |
| TYPE OF INDUSTRY | AUTOMOBILE |
| WHICH COUNTRY BRAND IS MG MOTORS | CHINESS BRAND |
| WHO IS THE CEO OF MG MOTORS | RAJEEV CHABA |
| CONTECT US | 01216550365(EMAILCUSTOMRT.SERVICE@MG.CO.US) |
| NET WORTH OF MG MOTORS | 8000 CRORE |
INTRODUCTION
MG IS THE BRITISH AUTOMATIVE COMPANY FOUNDED BY THE CECIL KIMBER IN 1920 AND THE FIRST MG MOTORS COMPANY USED TO MAKE ITS SPORT BIKE. AFTER US, THEIR 2 SEATER CAR WAS VERY FAMOUS. AND THE FIRST MG MOTORS WERE KNOWN FOR THEIR GAIRAGE AND SERVICES AND SALES. THEIR MAIN WORK WAS TO REPAIR SOMEONE’S CARS AND GIVE THEM US USE AND THEY KNEW ABOUT THE CARS AT ALL TIMES. FOR THIS REASON, THEY WERE SO FAMOUS. AND THIS IS THAT IN 1920, 2 PEOPLE ARE VERY VERY MUCH DISTANCED FOR FOUNDING MG MOTORS COMPANY. He is very famous
1 CECIL KIMBER
2 WILLIAM RICHARD MORRIS
AND WE ARE NOT ABLE TO KNOW ABOUT MG MOTORS COMPANY, WE SHOULD ALREADY KNOW ABOUT BOTH OF THESE PEOPLE
HISTORY OF MG MOTORS
CECIL KIMBER was born on 12th April 1888 in a small city of London, he was born in HENRY KIMBER’s house and HENRY KIMBER was a printing engineer by profession. And his wife was FANNY. His father used to talk that CECIL KIMBER would grow up and handle his business. For this he used to give CECIL KIMBER an accurate education. He also used to talk about education in which he used to learn English all the time and could study in English. And after completing his studies CECIL KIMBER used to work as a worker in his father’s company. He started working on the post of manager and with the help of his education he was taking his company to great growth and his dream was to open his own company and become the best company in US London but he used to be so busy in his work that his attention did not go towards other work and he used to manage the work of manufacturing bikes in his father’s company and if there was any mistake in the work then he used to handle it using his knowledge. He became a lot of expert in this work. THE ALL RIGHTS ARE RUBBING
But one day during an accident when he is going for testing his new bike, CECIL KIMBER gets into an accident and in that accident one of his legs gets killed and he takes more time than his work and because of saying one leg he gets into more trouble and he cannot go to his father’s work because he is not able to ride CECIL KIMBER properly and then after doing a lot of thinking he takes the design that he is his own company Who would you like to open? It was a big thing to take design during our time and in 1914 he quit his PITA ji’s company due to some family matters and Cecil KIMBER did not have that much money that he could open his own company and he had a lot of friendship with good people due to his father during our time, so Cecil KIMBER told his friends about his business and who did not help Cecil KIMBER during our time and then in 1921 He started working in a company whose name was Morris. In the beginning, he started working as a car designer and sales manager and worked as a cycle trainer. Many people were surprised that he got so much knowledge from where. And here he met William Richard Morris who was the shareholder of that company. And William Richard was born in 1877 in the house of Frederick Morris. And in his starting days his financial status was very poor. And he quit his studies at the age of 15 years. So, to take care of his family, he used to work in a cycle shop at that time where he used to repair cycles and while working in a cycle shop he started gaining knowledge in every field of cycle. And his dream was that we too will open our own cycle shop. And William Richard became a MASTER in the field of cycle at that time and with us too, he had so much knowledge that he could open his own cycle shop.
HOW MG MOTORS SUCCESSFULL
And after a few years, he saved his money, quit his work and opened his own cycle shop. And whoever used to make those cycles, he used to sell his company’s label on it. And the name of our company was Morris. His cycle business was going well and after that people started getting more attracted towards the popular motor cycle. For this, Morris started designing his own motor cycle in 1901 and those too were liked by many people during our time.
When WILLIAM RICHARD’S BUSINESS WAS IN AUTO MODE, HE Kept His Paar in Car Business, That is, All the Time He Used to Give His Car on Rent to People
After WILLIAM RICHARD US, in 1910 he opened his own garage under the name OXFORD MOTORS and later he changed the name of the garage to THE MORRIS GARAGE and his business started running well and WILLIAM RICHARD also knew a lot about cars
Then William Richard built his own car manufacturing plant and he first launched a car in 1924 whose name was MG 42/28 model which was launched in the market and the designer of this car was Kimber.
And after us, in 1933 MG K3 was launched which was a racing car, in which 1100 CC engine was installed and because of having 1100 CC it had become the most powerful car of that time and because of this car he won international car racing and after a few years CECIL KIMBER dies in a train accident
And a few years later WILLIAM RICHARD surprised the whole world by launching his 1500 CC ENGINE SATHAA MG ECX 181 in 1957 which made the record of 54.10 miles per hour in his name which became the world record of our time and it had already become the fastest running car of our time and after the launch of this car in 1964 the founder of Morris Motors WILLIAM RICHARD died
And you must be wondering that MORRIS MOTORS and MG GARAGES BOTH are the same company, it is not so, both were different companies and among them the founder of MG GARAGE CECIL KIMBER and the founder of MORRIS MOTORS WILLIAM RICHARD were US at that time and after us both those companies got merged and today we are known by the name of MG MOTORS
And till the year 2006 MG MOTORS UK was a BRITISH COMPANY and because of that that COMPANY was not able to succeed, that COMPANY started going into loss. After us, in 2007 SAIC MOTOR bought SATHA MG MOTORS for $97 MILLION DOLLAR which is a Chinese company and is the 12th largest automobile manufacturing company in the world and we will not call it a Chinese company completely because the design is done in Britain and the manufacturing is done in China.
And in 2017 MG MOTORS launched its car in India and in 2019 its car MG HECTOR was launched in India for the first time and after this MG HECTOR PLUS and after that MG GLUSTOR like SUV cars were launched in India and till date this company has been a company of MG MOTORS in the country for 50 years and that MG MOTORS is performing very well.
BUSSINESS STRATEGY OF MG MOTORS
Where in India people are leaving the company, the same Chinese company launches its car in India and through its strategy makes its image in the whole country, such a feature-rich car, 3 man strategy use GM MOTOR
- According to the features of the car, the company has kept the price of the car low so that people can buy more and more cars and the promotion of their car gets done automatically.
- MG MOTORS HAS INTRODUCED AN ADDITIONAL FEATURE IN ITS CAR AND THESE FEATURES WHICH ARE AVAILABLE FOR THE CAR IN BIG COMPANIES LIKE MERCEDES AND AUDAI, THESE ARE THE LOW PRICES WE ARE SELLING TO PEOPLE
- And MG MOTORS owns a CHINESS company but even though it is Chinese it has not done any work like being Chinese. And they always represent British cars in the market. And MG has a British name. They keep the name of all the cars as British. And they always use Benedict CUMBERBATCH for promoting MG MOTORS. And they have also made Benedict CUMBERBATCH their BRAND AMBASSADOR.
- The company targets those people whose number is more than 25 and less than 54 because these people purchase most of the cars.
- MG MOTORS has formed a separate team which only analyzes the competitors in the car market and how is that company launching its new car. It does deep research of all these things. It launches better features and car design than the US car at a lower price and surprises everyone.
VISION AND FEATURE OF MG MOTORS
The feature plan of MG MOTORS is that they will set up a factory in Gujarat for manufacturing their cars in India and manufacture their cars there itself, due to which they will be able to provide us bikes at a lower cost and people will get work because of running that manufacturing company.
MG MOTORS HAS MADE A NEW ANNOUNCEMENT THAT THEY WILL LAUNCH A NEW CAR IN 6 MONTH AND TO COMPLETE ITS COMMENT, THEY ARE DOING FULL WORK AND ARE RUBBING OVERTIME
The main vision of MG MOTORS is that they design their car as a FULLY ELECTRIC car due to which people can travel in less money, this also reduces pollution a lot and the maintenance cost of the car also reduces.
MG MOTORS is focusing more on making its car SELF DRIVE CARE, due to which people will have to spend a lot of money in car driving and now most of the people are preferring to buy SELF DRIVE CARE
MG MOTORS COMATITOR ANALYSIS
THE MAIN COPATITOR OF THE MG MOTORS IS
- TESLA MANUFACTURE COMPANY
- FORD
- HYUNDAI
- MARUTI SIZUKI
- AURORA
- VOLVO CARS
- MERCEDES COMPANY
- TATA MOTORS
- MAHENDRA AND MAHENDRA COMPANY
- VOLSKWAGNE COMPANY
- TOYOTA COMPANY
- SKODA COMPNAY
FINANCE ANALYSIS OF MG MOTORS
WHAT IS THE MAIN INCOME SOURCE OF MG MOTORS CAOMPANY
GM MOTORS OWN BY CHINESS SAIC COMPANY THE MAIN INCOME SOURCE OF GM MOTORS IS LARGE AMOUNT MANUFACTURING CARS AND MANUFACTUR AUTOMOBILE PART AND AFTER SELL THE MARKET AND THEN AFTER GENRATE THE INCOME AND GM MOTORS IS THE LARGEST NO12 MANUFACTURE COMPANY IN THE WHOLE WORLD
NET-WORTH OF MG MOTORS COMPANY
ACCORDING TO THE MG MOTORS FINANCE REPORT 6 JULY 2024 TOTAL MARKET CAP (NET WORTH) IS $47.32 MILLION DOLLAR AND ACCORDING TO THE DATA MG MOTORS SELL THE CAR IN 2023 IS AROUND 84,0000 VEUCKES IN GLOBAL
REVNUE OF MG MOTORS
ACCORDING TO THE FINANCE REAPORT 6,JULY 2024 IS OVER THAN 535 CRORE IN INR
CANCLUSION
I am saying that you all would have liked this information about MG MOTOR Company very much. When did this come, I have told you about its history in detail and after reading everything you all will come to know whether money has to be invested in this company or not and you will also get to know a lot.
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