MG Motor India October sales up y-o-y by 53%

1 Nov 2022 , 12:36 PM

On Tuesday, MG Motor India reported a 53% increase in retail sales, totaling 4,367 units, for October 2022. According to a statement from MG Motor India, the business sold 2,863 vehicles during the same month previous year.

In addition, the company produced 5,008 units throughout the month, including 784 electric vehicles (MG ZS EV), which was its greatest monthly production milestone ever.

The company, which had previously experienced chip shortages, claimed that “some improvement in semiconductor supplies through localization activities” had allowed them to increase output.

The company’s SUV Astor will now be delivered in both continuously variable transmission (CVT) and automatic transmission (AT) versions thanks to the boost in production, it continued.

“Hopefully, there will be some further improvement in the upcoming weeks,” it stated.

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