MG Motor clocks brisk sales in May
MG statement outlined that the demand remains strong as the carmaker maintained a healthy booking pace.
MG Motor India has retailed 4,008 cars in May 2022 compared to 1016 vehicles sold in May 2021. What’s particularly encouraging is the jump in sales compared to April 2022 when the company sold 2008 vehicles. This was triggered by an improvement in chip availability, and the carmaker hopes the situation to improve further in the subsequent months.
Just to remind our readers, production and vehicles sales have been affected in May 2021 and May 2020 due to lockdown across India to contain the spread of Covid-19.
MG statement outlined that the demand remains strong as the carmaker maintained a healthy booking pace and experiences growth momentum although the production remains impacted due to Covid-19 lockdown in China.
The company’s newly launched electric vehicle the ZS EV has been getting good traction in the market, the company had said earlier with monthly bookings of at least a 1000.
Meanwhile, to further strengthen the EV ecosystem, MG Motor recently partnered with Bharat Petroleum for setting up EV charging infrastructure across the country.
The company has an annual production capacity of 80,000 vehicles in Halol plant in Gujarat and is driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility. The automaker has augmented across-the-board ‘experiences’ within the automobile segment today.
India Auto Inc sells record 2.85 million vehicles in November, 16 million in first eight months of FY2024
Automobile dealers sold 95,141 vehicles on each day of November 2023 to set a new monthly benchmark of 2.85 million unit...
Three-wheeler market leader’s recently launched zero-emission passenger and cargo models have sold 3,314 units in the pa...
India EV Inc, which is just 112,886 units away from achieving record sales of 1.5 million units in CY2023, has registere...