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Industry6 days ago1.8K views

MG makes 7-seat SUV ownership attainable as families face affordability gap

By Onyx KA Amponsah · Editor in Chief, UK Press Office

MG makes 7-seat SUV ownership attainable as families face affordability gap 11 / 16

New research from MG Motor UK has revealed a stark affordability gap in the family-car market. Combining an independent consumer survey by Opinion Matters with marketplace insights from Autotrader, the UK’s largest automotive marketplace, the research shows median new-car prices have risen 58% in ten years, while household disposable income has grown by just 2%. Consumer opinions underline the affordability gap as one in three drivers (34%) say new cars are much less affordable than ten years ago.

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