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MG Motor India records 5% growth in retail sales in February 2022

MG Motor India said, "The demand remains robust as the company has garnered a healthy booking pace and is experiencing a promising growth momentum while working its way through the supply chain constraints."

By CNBCTV18.com Mar 1, 2022 12:11:36 PM IST (Updated)


MG Motor India on Tuesday announced that it has retailed 4528 units in February 2022, accounting for a growth of 5% over the corresponding month last year. The automaker had retailed 4,329 units in February 2021.
"The demand remains robust as the company has garnered a healthy booking pace and is experiencing a promising growth momentum while working its way through the supply chain constraints," MG Motor India said in a statement.
It noted that Astor has attained a strong interest among the buyers, and the company is continuously working to increase the supply of the model to meet the rising demand.