In March 2022, MG Motor India bought 4721 models within the nation, a year-on-year decline of almost 15 per cent in comparison with 5,528 models bought in March 2021.
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MG says car retails in March 2022 had been immensely impacted by the availability chain constraints
MG Motor India has launched the month-to-month gross sales numbers for March 2022, throughout which the carmaker’s whole gross sales stood at 4721 models. Compared to five,528 models bought in March 2021, the corporate noticed a year-on-year decline of almost 15 per cent final month. At the identical time, in comparison with 4,528 models bought in February 2022, MG Motor India noticed a month-on-month development of over 4 per cent. The carmaker says that car retails in March 2022 had been immensely impacted by the availability chain constraints because of the new COVID-19 variant and the continuing world semiconductor chip scarcity.
Also Read: Auto Sales February 2022: MG Motor India Sees 5% YoY Growth In Retail Sales At 4,528 Units
MG Motor India says that it continues to witness constructive momentum in enquiries and bookings throughout its product portfolio, together with Astor, Hector, Gloster, and the up to date ZS EV. In reality, MG says that the brand new ZS EV, which was launched on March 7, 2022, has garnered a robust buyer response with over 1500 bookings in lower than a month.
Also Read: 2022 MG ZS EV Facelift Review
MG Motor India proper now working to extend the availability of SUVs to satisfy the rising demand, particularly the Astor, which has been accounting for a mean of over 2000 models for the previous few months. In reality, the Astor has additionally surpassed Hector gross sales, the corporate’s earlier best-selling mannequin, albeit by a marginal distinction.
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In March, MG Motor India additionally launched an internet automotive finance platform referred to as MG e-Pay, as an end-to-end answer to supply instantaneous mortgage approvals. With this, MG goals to supply on-line automotive buy options with versatile, seamless, clear, and fast mortgage approvals. The SAIC-backed automaker says the brand new on-line automotive finance platform will simplify the acquisition journey in 5 clicks and 7 steps. The on-line finance journey will probably be obtainable to each on-line and offline booked prospects, together with current and new financial institution prospects.
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With inputs from NDTV