MG Motor India has attributed the decline to extreme scarcity of semiconductor chips internationally, which has affected manufacturing, leading to restricted inventory at its dealerships.
see imagesMG Motor India’s complete gross sales within the month of October 2021 stood at 2,863 items
Morris Garage India has launched the month-to-month gross sales figures for October 2021, throughout which the corporate’s complete gross sales stood at 2,863 items. Compared to three,750 items offered throughout the identical month in 2020, MG Motor India noticed a decline of round 24 per cent. The firm has attributed this decline to a extreme scarcity of semiconductor chips internationally, which has affected manufacturing, leading to restricted inventory at its dealerships. At the identical time, as in comparison with 3,241 automobiles offered in September 2021, the corporate noticed a decline of round 12 per cent in month-on-month (MoM).
MG Motor India receives over 4,000 bookings for MG Hector SUV
MG Motor India says that whereas international chip scarcity has hampered manufacturing, leading to decrease gross sales, demand continues to select up. And the festive season has introduced a further impetus to the inquiries. The carmaker says that it has acquired over 4,000 bookings for MG Hector and over 600 bookings for ZS EV and Gloster in October 2021. MG says that even its newly launched compact SUV, the MG Astor has acquired constructive response from the purchasers. And offered out in 2021 inside 20 minutes of reserving opening.
Also Read: MG Astor Compact SUV Launched In India; Prices begin at ₹ 9.78 Lakh
MG Motor India additionally launched the Astor in October, which offered out in 2021 inside 20 minutes of bookings opening.
Read additionally: MG Astor Review: Compact SUV Big On Tech
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The carmaker will begin deliveries for the Astor this month, and goals to ship round 5000 items by the top of 2021. However, the corporate says that the problem of making certain on-time deliveries is prone to persist until November and December on account of chip scarcity. . Having mentioned that, the corporate is constructive that issues will enhance quickly, and expects the scenario to enhance within the first quarter (Q1) of the 2022 calendar yr.
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With inputs from NDTV
