MG Motor sales dip in July
The company continues to face chip issues but is working to augment supplies
MG Motor India has announced retail sales of 4,013 units in July 2022. Supply-chain constraints continue to affect the MG's production, the company said even as it continues to augment supplies and meet customer demand.
Retail sales for MG Motor India were 4,503 in June 2022, a tad higher than May's 4,008. There has been a slight fall in retail sales compared with July's numbers.
MG Motor India is planning to launch the Next-Gen Hector by the end of 2022. It will be sold alongside the Next-Gen Hector. The company said the existing Hector is still a popular choice among Indian customers and its ZS EV, also continues to perform well.
RELATED ARTICLES
Cosmo First diversifies into paint protection film and ceramic coatings
The Aurangabad, Maharashtra-based packaging materials supplier is leveraging its competencies in plastic films and speci...
JSW MG Motor India confident of selling 1,000 M9 electric MPVs in first year
The 5.2-metre-long, seven-seater luxury electric MPV, which will be locally assembled at the Halol plant in Gujarat, wil...
Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws
The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...