MG Motor India, a leading automobile manufacturer, has reported a significant increase of 17% in retail sales for the month of October this year as compared to the same period last year. The company recorded a total of 5,108 units sold, demonstrating its strong performance and growing presence in the Indian market.
Throughout 2023, MG Motor India has demonstrated its commitment to innovation and customer satisfaction with the launch of the updated Hector SUV and the introduction of the Comet electric vehicle (EV). As the brand’s flagship model, the Hector has played a pivotal role since MG’s debut in India in 2019. The Comet EV joins the ZS EV as part of the company’s expanding electric vehicle line-up.
According to MG, the ZS EV and Comet EV together contribute to approximately 25% of the company’s sales. This highlights the growing popularity and acceptance of electric vehicles among Indian consumers.
With the festive season underway, MG Motor India is optimistic about further increasing its sales and market performance. The passenger vehicle market in India is thriving due to consistent demand and the gradual resolution of the semiconductor shortage, which has resulted in reduced waiting times for customers.
As MG Motor India continues to prioritize its customer-centric approach, it aims to strengthen its portfolio with models such as the Astor and Gloster SUVs that cater to diverse consumer preferences and needs. The company’s relentless pursuit of excellence and innovation positions it as a key player in the Indian automotive industry.
