MG Motor UK is the top performing British car brand in the UK, reporting a staggering 80 per cent increase (79.74) in November new car sales.
Latest figures issued by the Society of Motor Manufacturers and Traders (SMMT) show that new car sales in Britain have fallen for the eighth consecutive month. Despite the automotive industry reporting a 11.17 per cent decline in November, MG has outperformed every other marque this month and has achieved 4.24 per cent market growth this year to date.
November is the first month that the all-new Compact-SUV, the MG ZS, has been on sale in the UK and interest in the eagerly anticipated vehicle comes on top of MG Motor UK’s already record-breaking registrations for 2017, with the brand achieving more than 3,987 new car sales January to November.
Harvey France, spokesman at MG Motor UK, said: “MG [...]
Comments Off on MG ZS heralds state-of-the-art design philosophy for MG
MG ZS heralds state-of-the-art design philosophy for MG
The launch of the MG ZS marks an exciting new era of design for the iconic brand, representing a major step-change and commitment to a new global MG design philosophy. Based on ‘Emotional Dynamism’, the MG ZS embodies a more expressive design language that emphasises the premium experience and commitment to quality of the ambitious brand. With a look that brings together the three key elements of ‘Emotional’, ‘Humanised’ and ‘Agility’, the MG ZS represents a desirable, accessible and dynamic approach to affordable motoring.
One of the key design features of the MG ZS is the compelling new face of MG, which features an enlarged, full frame grille, inspired by the famous brand’s heritage, but executed in a contemporary way. It allows for a much bigger MG badge to take centre stage and showcase pride in the brand. This confident and refined front to the MG [...]
Comments Off on Tesla to join Nasdaq 100 as Oracle defects to NYSE
Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.
The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.
Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.