MG MG4 News

Five years ago Holden executives were secretly hatching a plan to save the brand by teaming up with the Chinese car maker behind MG and LDV. Now looking back in 2025 as Chinese brands win over Aussie hearts, the move would have been one of pure genius that would have seen Holden not just survive but maybe even thrive.The deal was close and it could have worked incredibly well, given what we know now. The plan would see Holden and Chinese auto giant SAIC enter an agreement allowing MG cars and LDV utes to be rebadged as Holdens.This was all happening in 2020 - three years after Holden’s parent company General Motors had shut down local manufacturing. The Aussie-built Commodore was replaced with an imported Opel Insignia wearing a Holden badge. The move left Holden in a horrendous situation where it was having to scrape around at the bottom of the auto barrel looking for right-hand-drive vehicles within General Motors global portfolio - the Cruze, for example, was a Daewoo Lacetti Premiere which garnered a reputation for mechanical problems.The deal with SAIC was far more promising. GM already had a joint-venture with SAIC in China, so there was already technology sharing between the companies. But just as Holden’s executives were about to act General Motors announced Holden would end operations at the end of 2021.Holden’s interim chairman and managing director Kristian Aquilina faced a parliamentary inquiry in 2020 into the closure where he was grilled by Senator James McGrath. Reading the minutes of the inquiry reveal Senator McGrath asking if Holden would be sold to a Chinese owner. “I just want to get reassurance from you in relation to the Holden brand. MG, a famous British automobile company, is now owned by a Shanghai-based state-owned company in China. Can you give us an assurance that General Motors won't sell off the Holden brand to, for example, a state-owned company in China, or indeed any other company? Can you give us that assurance?” asked Senator McGrathAquilina's response was firm: “I'm not going to address any hypotheticals, but I want to assure you of this: Holden remains within our ownership, within General Motors ownership.”The exchange showed what appears to be a nervous and hostile attitude toward the prospect of the Australian brand being owned by another carmaker.But a Chinese owner might have helped Holden more than the American one - which left it with nothing. Looking at how dramatically the world’s car landscape has changed with Chinese manufacturers moving at an almost impossible speed both in the development of battery technology and production of high quality, stylish cars makes you think that a Holden owned by Chinese owners may have been a much better prospect.The suggestion also by the Senator that MG was somehow worse off under SAIC ownership is questionable now. MG produced 700,000 vehicles in 2024 and 50,000 of them were sold in Australia, making it the seventh most bought car brand here. MG has never been more successful, never sold more cars AND never been driven by more people.A Holden under SAIC ownership or close joint venture would have probably seen the brand offered in a range of petrol, diesel, hybrid and electric vehicles at prices that would have been affordable.Sure, SUVs would have absolutely formed the backbone of a 2025 Holden model line-up, but the MG3 could have been given a Barina badge and there would have even been room for a halo car in the same way MG has the Cyberster - an electric Monaro maybe? Ok, maybe not that far. But a electric Caprice luxury Car? That could work.Plus, Holden 4x4 utes could have been a thing again. SAIC could have drawn on the same ladder-frame architecture that underpins the LDV T60 ute or the eT60 ute, which might have helped Holden beat old rival Ford to the electric ute post.Of course, there’s the electric Holdens that could have been had the brand been sold to SAIC. The excellent MG4 would have been a perfect electric Holden Cruze - possibly one of the best Holdens ever in its new EV form.Then there’s all the Holden jobs which could have been saved. Sure, maybe not the production line folks, but the design teams and the engineers could have continued on in some form, as is the case with MG's design studio in London.Even today with a new version of the Holden Commodore exists in China as the Buick Regal GS. It's an Opel Insignia-based ZB Commodore and despite the platform being owned by Stellantis now, thanks to a loophole the car can be sold as a Buick by SAIC-GM in China. Yes, even the Commodore could have easily lived on here in Australia, even if it was made in China.Not to mention the other Chevrolet models the brand could have drawn from like the next-generation Equinox which is currently assembled in China.Of course none of this happened. General Motors wanted to keep rights to the Holden brand for at least 10 years as it said it wanted to provide service and support to owners for at least a decade.Perhaps in five years time General Motors will sell the Holden brand to SAIC, or Geely or BYD. Would people really think that's a bad idea now? Will anybody even remember Holden then? Then again, it did work for MG...

A new electric car from MG has been revealed via a Chinese government regulator, but just what the car is could be up for debate.

Audi will finally launch the facelifted A3 Sportback range in Australia in the second quarter of this year, to take the fight to the rising tide of fast-improving Chinese hatchback alternatives.

A new world order is forming in the electric car segment in Australia.Tesla and BYD might not be the mighty forces they once were as two EV princes wait in the wings to snatch the crown.The Tesla Model Y, which was streets ahead of the rest in sales through 2024, has come back to the pack.Tesla sales were down 33 per cent in January, following a more than 16 per cent drop in 2024.It shifted just 465 Model Ys and 274 Model 3s. The Model Y was still the best selling electric car in Australia in January but it was down on its usual performance of more than 1500 a month in 2024.An updated version of the Model Y is due in coming months, but it will be significantly more expensive. The current version will likely be in short supply until that point meaning it could give others a head start in the EV sales race.BYD sales also fell off a cliff in January down almost 50 per cent. Sales of its plug-in hybrid Sealion 6 SUV kept the brand afloat but EV sales were down dramatically with the Atto 3 down 77.4 per cent, Dolphin down 66.8 per cent and Seal down 91.2 per cent.Recent port issues are likely to blame for part of the slow sales, but the brand has also announced new cheaper variants of the Dolphin and Atto 3 to boost sales.Surely it's just a blip on the radar and both brands will roar back in the coming months, but what if they don't reach the same EV heights as before?This could open the opportunity for the Kia EV5 and MG4 electric cars to have a crack at the Model Y’s crown.The MG4 was the second best selling EV in January with 440 sales and the EV5 was third with 289.A big selling point for the MG and Kia are their warranties: MG has a 10 year/250,000km guarantee and Kia has a seven year/unlimited km security blanket. Both easily trump Tesla’s four year/80,000km warranty.Both also sell through a conventional dealer model rather than a majority online portal like BYD and Tesla.Both the MG4 and EV5 are both built in China, same as the Australian delivered Teslas, which give them the same price, supply and short shipping advantage as the market leaders.Australians also now have far more choice in the electric car space compared to 12 months ago. A wave of new brands from China include Deepal, Geely, Leapmotor, XPeng and Zeekr, which all launched with Model Y sized alternatives cheaper than their big name rival.Those brands — with the exception of Leapmotor — don't yet report sales.Conventional car makers have started to bring their own EVs online to help dilute the market that was very concentrated on just a few brands a year ago.The chances are Tesla will rebound in the coming months from its January sales, in what is a traditionally slow month for the brand.Kia is unlikely to muster the 25,000 EV5 sales needed to claim the top spot with the brand predicting a run rate of 400 a month in 2025.MG on the other hand has shown it is willing to heavily discount the MG4 to boost sales.For a short period it was the cheapest electric car on sale during 2024, with the base model costing just a smidge more than $30,000 drive-away. The price cut saw MG4s fly off the lot, outselling both Tesla models combined in October 2024.This year will be a challenge for many of the large electric car sellers as cost of living pressures bite and the well has run dry of early adopters willing to pay overs for the zero-emissions tech.

The federal government will offer low-interest loans for Australian workers earning less than $100,000 to purchase an electric car.Federal Minister for Climate Change and Energy, Chris Bowen, this week announced the move, which will open up $150 million worth of funding through the Commonwealth Bank, cutting interest rates to 5.49 per cent per annum from between 6.49 per cent and 10.49 per cent.Essential workers – such as police officers, firefighters and nurses – will qualify for the loan regardless of income, which will only apply to new and used EVs worth up to $55,000.That covers EVs like the GWM Ora, MG4 and BYD Dolphin, as well as larger models such as the BYD Atto 3 and Leapmotor C10.The government claims the loans will help save Australians more than $8000 on a $40,000 loan with a seven-year term, on top of fuel savings.“Discounted loans help remove barriers to ownership, helping more Australians drive cars that can save them thousands of dollars a year,” said Chris Bowen.In addition to the loans, car buyers are already exempt from paying fringe benefits taxes (FBT) on EVs and plug-in hybrids purchased through a novated leasing agreement.FBT exemptions will end for plug-in hybrid cars on April 1 next year, though the deal will continue for EVs.The news comes as EV demand has softened in Australia as buyers increasingly look to hybrid and plug-in hybrid vehicles as an alternative.Using combined data from the Federal Chamber of Automotive Industries and the Electric Vehicle Council, Australians have purchased 178,785 hybrid or plug-in hybrid models to the end of November this year, compared to roughly 70,000 EVs.Interested buyers can access the loans from today.

Just when you thought utes and SUVs were about to completely take over Australia’s automotive scene, small cars are making something of a comeback.And it’s not the usual suspects like the Toyota Corollas and Mazda3s of the world that are bumping up interest in small sedans and hatchbacks. It is also electric cars.According to official year-to-date sales data to the end of November this year, small-car sales are up by 12 per cent compared with the same period in 2023. While that doesn’t sound like a massive increase, it represents the biggest percentage increase out of any SUV or passenger car segment.So what is driving this interest in smaller models? A couple of factors it turns out.The biggest contributor to the rise in sales is the influx of electric cars to the segment. Previously, the only electric small car was the Nissan Leaf which, while it was a pioneering EV model, never sold in huge numbers.Now there are a trio of EVs boosting the segment. The biggest selling small EV in Australia, by some margin, is the MG4 hatch. With 6079 sales, an increase of 140.6 per cent to the end of November, the MG4 is also the fifth best-selling small car.Sharp retail deals on model year 2023 MG4s, including a limited $30,990 drive-away price on the entry-level 51 Excite, helped boost interest in the Chinese-built EV.Another couple of small Chinese electric hatchbacks that are selling well include the BYD Dolphin which has found 1885 homes so far this year, an increase of 174 per cent over 2023.The GWM Ora has also nabbed 1182 sales, up by 175.5 per cent year on year.Two small EVs have seen sales drops, like the Cupra Born which has dipped by 47 per cent to 439 units, as well as the Nissan Leaf, which is down by 30.5 per cent, but that model is in runout in Australia following the end of UK production earlier this year.While EVs are doing the heavy lifting in the resurgent small-car sector, traditional internal combustion engine (ICE) small models are doing their part too.After a serious sales blip due to stock issues, the Kia Cerato is having a bumper year, with sales up by 187.5 per cent to 14,807 units, making it the second best-selling small car behind the dominant Toyota Corolla.The Cerato result is interesting given this generation went on sale in mid-2018. It is also now in runout ahead of quarter one, 2025 launch of its replacement, now dubbed the K4.The Corolla is also having a good run this year with 22,526 sales (up by 24.5%), ensuring a likely top 10 placing in the overall make/model sales chart. The Mazda3 is also in positive territory, up 13 per cent to 9618.A couple of other famous nameplates have seen sales declines, like the Hyundai i30 (11,616, -40.7%) and Volkswagen Golf (2593, -22.6%).At one point in history small cars made up one of the largest sales categories, but now with a 7.7 per cent slice of the overall market, it trails medium SUVs, 4x4 pick-ups, small SUVs and large SUVs.From 2011 to 2015 small cars ruled the top spot of the sales charts in Australia, with the Mazda3, then the Toyota Corolla taking top spot, before the Toyota HiLux ute came along and changed the face of the new-car market in 2016.

The small-car segment is stagnant at the moment and consumers are starting to wonder where the replacements for the ageing Toyota Corolla, Mazda3 and Hyundai i30 are, amongst others. Well, some are coming, others may not, and Kia may just have the answer you seek.

MG has doubled down on its price cuts for the MG4 electric small car.It has slashed about $10,000 off the price of the Excite 64kWh variant, with a new national drive-away price of $34,990.It applies to 2023 models and follows a similar discount in September to 2023 versions of the base Excite 51kWh variant.That deal catapulted the MG4 above fast sellers like the Tesla Model Y and BYD Atto 3 in the sales charts.The 51kWh model is currently priced at a national drive-away price of $32,990 for 2024 variants.The 64kWh version comes with a significantly bigger battery that delivers a claimed driving range of up to 450km, or 100km more than the smaller capacity 51kWh variant.MG Motor Australia’s CCO Giles Belcher said, “MG saw an incredible response to the pricing offers on the MG4 in October. Our dealerships across the country were able to help Australians switch to EV driving with the MG4. These price offers finish at the end of the year and will never be repeated.”These discounts make the two MGs the cheapest electric cars on the market.It also puts it on par or less than most petrol and hybrid vehicles.A Toyota Corolla Hybrid starts at about $36,000 and the cheapest Mazda3 starts at $32,990, drive-away — it even gets close to the brand's cut-price hybrid, the MG 3 Essence ($30,490 drive-away in Vic).Another sweetener on the deal is all MGs are now covered by a 10 year/250,000km warranty and seven years of capped priced servicing.All versions - beside the performance orientated XPower - use a single rear-mounted electric motor that makes 125kW/250Nm in the 51kWh version and 25kWh extra or 150kW in the 64kWh and 77kWh examples.The bigger battery version also benefits from faster charging, with a max DC rate of 140kW compared to just 88kW in the base version. Both can only take up 6.6kW via an AC charging point.The two Excite variants are fairly basic inside with manually adjustable cloth-wrapped seats, 17-inch alloy wheels, a synthetic leather-trimmed steering wheel and a 7.0-inch digital driver display and 10.25-inch central multimedia screen with Apple CarPlay and Android Auto.The discounted versions also miss some safety tech such as blind-spot detection, rear cross-traffic alert and emergency lane keep assist, which comes standard on more expensive versions./mg/mg4

Is BYD going to go match other Chinese brands with significant discounts on electric vehicles (EVs)? Or will it release an even cheaper city car based on the Seagull hatch?

Is MG the latest headache for Tesla and Toyota? October’s electric car sales suggest the Chinese brand just might be. Tesla is out and MG is in, and it’s all thanks to price cuts that have bumped the highly regarded MG4 hatchback not only ahead of Model Y and Model 3 sales, but in front of Elon Musk’s controversial brand entirely. In October 2024, Tesla sold a total of 1464 cars, 1042 of which were Model Y and the remaining 422 Model 3s. During the same period, MG shifted a seriously impressive 1486 MG4 hatchbacks. For context, in the small-car segment that puts the MG4 only behind the Toyota Corolla (1751) and ahead of all others, including stalwarts such as the Hyundai i30, Kia Cerato (967) and Mazda3 (742). It also outsold the Toyota Camry.The MG4’s direct rivals including the GWM Ora (154) and BYD Dolphin (67) were nowhere near the MG last month. So what’s driving sales over at MG? It’s price. That’s the long and short of it. The brand is offering startlingly low entry points for its electric hatch, with the Excite 51kWh with 350km of WLTP range currently $32,990 drive-away — and that’s a national deal for MY24. Not only is that cheaper than the GWM Ora ($35,990, drive-away) and BYD Dolphin ($38,990, before on-road costs), but about $3000 less than a Toyota Corolla Ascent Sport hybrid, too.Stepping up to the Excite 64 with 450km driving range and the up-spec Essence, the brand’s offering an $8000 factory bonus, though that is restricted to MY23 models. Current versions (with minimal changes) are $44,990 and $46,990 (drive-away), respectively. Historically more popular than Ora and Dolphin anyway, the MG4 was finding between 300-400 homes a month earlier in the year. It was the dramatic price cut on September 20 that has drastically impacted sales. MG Chief Commercial Officer Giles Belcher made note of other reasons for MG4's success last month."At MG we believe we have a winning formula when it comes to buying a new car, and this includes EVs – we have award winning products, backed up by an industry leading 10-year warranty and at a price point that represents great value," said Belcher.To be fair to MG, while the Excite 51kWh was the most sold variant with 53 per cent share, that still leaves the other variants doing heavy lifting in sales terms.Price has been one of the biggest factors affecting EV popularity. Tesla is a great example, after a few mid-1000 Model Y months in April and May it slashed prices, corresponding to a huge month-on-month increase in June with 2906 Model Ys and 1777 Model 3s sold. That same month saw other marques, including Nissan, Peugeot and Ford, dramatically discount their electric cars. A near-instant increase in sales followed.If MG manages to keep such a sharp price point on the MG4 hatch while covering its operating costs, rivals like the Dolphin, Ora and other new rivals are unlikely to catch up by the end of the year. There will be a bigger challenge next year with more cut-price rivals such as the Kia EV3 and Hyundai Inster, not to mention fresh rivals such as Aion's new hatch, entering the fray.