Retail sales of MG Motor India increase 43% to 40,273 units in 2021, Auto News, ET Auto
New Delhi:MG Motor India said on Saturday it retailed 40,273 units in 2021, registering 43% growth from 2020, when the company sold 28,162 units.
Compared to 2020, the company posted growth of 21.5% for Hector, 145% for ZS EV and 252% for Gloster in 2021.
“MG Motor has witnessed an increase in sales of its respective car lines and elicited an overwhelming response for the recently launched MG Astor,” the automaker said.
Rajeev Chaba, President and CEO of MG Motor India, said: “2021 has been a difficult year for the entire automotive industry. We expect the situation to remain fluid due to unpredictable factors – the Omicron threat, the global semiconductor shortage and the risk of inflation due to an increase in the cost of materials. However, resilient demand trends give us reason to be cautiously optimistic. “
“The uncertainty could continue for the first 6 months of 2022 and will persist in one form or another throughout the year. MG Motor will constantly monitor these factors and align its operations to meet demand,” he said. he declares.
The company said it closed 2021 with a large order book and is trying to meet growing demand.