New Delhi, Jul 1 (PTI) MG Motor India on Friday reported a 27 per cent growth in retail sales at 4,503 units in June.
The company had clocked retail sales of 3,558 units in the same month last year.
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The momentum in sales (evident across all models) comes on the back of some ease in semiconductor availability, even though the outlook remains constrained in the wake of supply-chain roadblocks and persistent logistical headwinds, the company said in a statement.
Flagship brands, Hector SUV, electric SUV ZS EV continue to witness strong interest amongst buyers, with consistent monthly bookings of over 4,000 and 1,000 units, respectively, it added.
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MG Motor India said it is taking all necessary steps to address the production and supply-chain issues and anticipates the situation to improve in the second half of 2022 gradually.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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