JSW MG Motor sales dip 8% YoY in September

1 Oct 2024 , 02:22 PM

JSW MG Motor India reported an 8% year-on-year fall in retail sales to 4,588 units in September. The company sold 5,003 vehicles in the same month last year.

New energy vehicles (NEVs) continue to contribute significantly to the company’s total sales, accounting for 49% of sales last month, according to a statement from JSW MG Motor India.

The company said it will be shifting to the Vaahan Portal from October 2024.

While the firm has regularly reported its retail sales data since the beginning of its India operations, the transition to Vaahan is a natural result of these numbers maturing and becoming more consistent over time, it stated.

The carmaker noted that the automotive industry is suffering certain sales issues as a result of the unlucky Shradh season and an extended monsoon.

However, with the start of the festive season, the manufacturer is confident about improved market traction and an increase in footfalls at its showrooms, it noted.

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