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Friday, 2 December 2022

[New post] MG Motor India sees a staggering 64% YoY growth in November

Site logo image Raunak Saha posted: " MG Motor has become a familiar name in the Indian auto industry for quite a while now but the company looks to penetrate and strengthen further. Only with its SUVs like Astor, Gloster, Hector and ZS EV, MG has been reaching out to the young Indian audien" TechnoSports

MG Motor India sees a staggering 64% YoY growth in November

Raunak Saha

Dec 2

MG Motor has become a familiar name in the Indian auto industry for quite a while now but the company looks to penetrate and strengthen further. Only with its SUVs like Astor, Gloster, Hector and ZS EV, MG has been reaching out to the young Indian audience which is the key to buying SUVs these days.

Having a bigger space, matured engine, and the latest tech, MG Motor is very much preferred in India these days and as you see in the month of November again they have managed a 4k sales figure. So, registering 4,079 units of sales in November, it got 64% YoY growth which is really good considering MG Motors India is eyeing to launch two new vehicles.

MG Motor India retails 4,079 units in November, up 64%; between January and November 2022, the company has registered cumulative sales of 44,164 units, up 17% year on year https://t.co/tzX5QwhAaK pic.twitter.com/YIJiJ51CFt

— Autocar Professional (@autocarpro) December 1, 2022

Until November 2022, they have sold a total of 44,164 units, up to 17% year-on-year growth and with December, we expect this margin to get even better. However, MG needs to work on offering more variety and bringing new models to India and they are expected to launch the upcoming MG Hector 2023 in India alongside the highly anticipated MG Air/Wuling Air EV next year.

Having a good balance between ICE cars and EVs, MG Motors could really unlock India's booming four-wheeler market which has steadily revived since the COVID downfall.

Read More: MG Air EV to launch in 2023: Should you be excited?

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