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HomeLatest Car NewsMG Motors registers 40% growth in Y-O-Y sales, sells 2,105 units in...

MG Motors registers 40% growth in Y-O-Y sales, sells 2,105 units in July

Chinese owned British carmaker MG Motors sold a total of 2,105 units in July 2020. Out of the total sales 2,023 units were registered under the Hector brand while a mere 82 units of the MG ZS EV were sold last month.

MG Hector | 10 Best Budget SUVs In India
MG Hector

Moreover, MG has also recorded a 40% increase in its Y-O-Y (Year-over-year) retail sales compared to last year’s 1,508 units during the same period. With the launch of the 6-seater MG Hector Plus, the brand hopes to see a boost in its domestic sales as well.

Commenting on the brand’s overall growth and performance, Director – Sales, MG Motor India, Rakesh Sidana said; “The overall market environment continues to be challenging with uncertainties due to variable lockdowns in various phases. The component supplies continue to remain impacted especially from the Chennai region. However, despite these challenges, our production has remained at similar levels in July as compared to June 2020 and we expect the situation to improve during the festival season.”

MG ZS EV
MG ZS EV

MG Motors has recently launched the 6-seater variant of the Hector SUV, the MG Hector Plus, with prices starting from 13.49 lakh. Additionally, the brand has also introduced an all-new contact-free technology known as Shield Plus and continues to rigorously follow the recommended sanitisation process to ensure the safety of its employees and customers.

MG Hector Plus
MG Hector Plus

Not only that MG also played an essential role during the pandemic with producing over 300 ventilators at the brands Vadodra based manufacturing unit in July 2020 with MAX Ventilators, a subsidiary of A.B. Industries founded in 1995.

This joint venture also constituted an impressive 10-fold growth since April when both the companies joined hands to boost the production of ventilators.

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Jaskaran Singh Bhola
Jaskaran Singh Bholahttps://gomechanic.in/blog
Senior Content Strategist at GoMechanic | Avid Honda lover | VTEC for life! | Foodie | Remember who you are; the best or nothing!

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