MG5 to launch on March 28th, pricing expected to be from 90,000rmb to 120,000rmb

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MG5 official2 300x198 MG5 to launch on March 28th, pricing expected to be from 90,000rmb to 120,000rmbPricing for the MG5 is going to be a sore point over the next few weeks, ranging topping turbo models from the likes of BYD and Greatwall already match up or come in at a cheaper price than the naturally aspirated 1.5L MG5, media estimates say that the 5 will come in at 90,000RMB and rise to as high as 120,000RMB for the top of the range model when it launches on Wednesday this week (28th March). A turbo version will hopefully see the light of day before the years end, which might see pricing jump as high as 160,000RMB for the forced induction version.

Initial pre-launch tests of the MG5 have indicated that the car is a good one, if a little underpowered, but will the MG brand be enough to pull off a coup against other well established vehicles?

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One Comment

  • vava1
    March 26, 2012

    Presumably MG feels the MG5 product has the right mix of qualities to warrant a higher price than competitors in the same market segment

    We’ll have to see what the road testers, and more importantly the markets says

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