Auto Sales March 2022: MG Motor India Sees 15% Decline In YoY Sales, At 4721 Units

0
39

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.


MG says vehicle retails in March 2022 were immensely impacted by the supply chain constraints

expand View Photos

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

k10apq9k

MG says it continues to witness constructive momentum in inquiries and bookings throughout its product portfolio

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.

0 Comments

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.

For the newest auto information and critiques, observe on carandbike.com Twitter, Facebookand subscribe to our YouTube channel.

,
With inputs from NDTV

Leave a reply

Please enter your comment!
Please enter your name here