MG Motor retail sales surge two-fold to 4,008 units in May
PTI, Jun 1, 2022, 11:20 AM IST
MG Motor India on Wednesday reported a two-fold increase in its retail sales at 4,008 units in May.
The company had sold 1,016 units in the same month last year, MG Motor India said in a statement.
The automaker had sold 2,008 units in April 2022.
This growth demonstrates improvement in chip availability, and the carmaker hopes the situation to improve further in the subsequent months, MG Motor India stated.
Demand remains strong as the company maintains a healthy booking pace and experiences growth momentum although the production remains impacted due to the global COVID-19 lockdown, it added.
The brand is closely monitoring the situation caused by the global COVID lockdowns and is aligning its efforts to address the same, it noted.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Ola Mobility starts operations at Ayodhya airport
Three arrested in Delhi for manufacturing counterfeit airbags of top car models
Tesla shares tumble below $150 per share, giving up all gains made over the past year
Daimler India to foray into battery electric segment with new gen eCanter
Tesla is planning to lay off 10 of its workers after dismal 1Q sales, multiple news outlets report
MUST WATCH
Latest Additions
Don’t be swayed by diversionary tactics, come out and vote to protect democracy: Kharge to voters
Mangaluru: Minor scuffle outside polling station at Capitanio
My family faces threat from strangers who filmed inside my house: Neha Hiremath’s father
Indian-origin man shot, killed by San Antonio police amid attempts to apprehend him
Restored version of Shyam Benegal’s ‘Manthan’ to premiere at Cannes Film Festival