MG Motor India's retail sales up 20% to 4,306 units in January 2022

MG Motor India's retail sales up 20% to 4,306 units in January 2022

AgenciesUpdated: Tuesday, February 01, 2022, 10:38 AM IST
article-image
The auto maker had retailed 3,602 units in January 2021./ Representative image |

MG Motor India on Tuesday said its retail sales increased 20 per cent to 4,306 units in January as compared to the same period a year ago.

The auto maker had retailed 3,602 units in January 2021.

''The supply remains affected due to the ongoing global semiconductor shortage, which has led to reduced production,'' MG Motor India said in a statement.

Although the demand momentum continues, MG Motor believes that the situation will improve in the year's second half, it added.

The company sells models like Hector, Astor and Gloster in the domestic market.

(With inputs from PTI)

RECENT STORIES

Mcap Of Top Firms Rises By ₹1.69 Lakh Cr, Bajaj Finance Leads The Rally

Mcap Of Top Firms Rises By ₹1.69 Lakh Cr, Bajaj Finance Leads The Rally

Can You Afford The Latest iPhone 17? Here's How Many Workdays It'll Cost You In India

Can You Afford The Latest iPhone 17? Here's How Many Workdays It'll Cost You In India

₹38-₹420: How Expensive Was Vacant Land In Colonial Bombay, What Does The 1907-08 Gazetteer...

₹38-₹420: How Expensive Was Vacant Land In Colonial Bombay, What Does The 1907-08 Gazetteer...

Gold At ₹1.09 Lakh, Silver At ₹1.28 Lakh — Precious Metals Shine On Global Uncertainty

Gold At ₹1.09 Lakh, Silver At ₹1.28 Lakh — Precious Metals Shine On Global Uncertainty

Home Upgrade: Sizing Your Move In The MMR

Home Upgrade: Sizing Your Move In The MMR