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

Mumbai To Host Global Economic Cooperation 2026 Forum In February 2026 To Shape Growth In A...
Mumbai To Host Global Economic Cooperation 2026 Forum In February 2026 To Shape Growth In A...
Reliance Industries Reports Nearly Flat Q3 Profit At ₹18,645 Crore As Retail Weakness Offsets...
Reliance Industries Reports Nearly Flat Q3 Profit At ₹18,645 Crore As Retail Weakness Offsets...
GJC Seeks GST Cut, Tax Relief For Gems And Jewellery Sector In Pre-Budget 2026–27 Pitch
GJC Seeks GST Cut, Tax Relief For Gems And Jewellery Sector In Pre-Budget 2026–27 Pitch
Sensex, Nifty Close Week With Gains, IT Rally & Strong Bank Results Lift Markets
Sensex, Nifty Close Week With Gains, IT Rally & Strong Bank Results Lift Markets
National Startup Day Salutes India’s Risk-Takers, Piyush Goyal Endorses Aman Gupta’s Call For...
National Startup Day Salutes India’s Risk-Takers, Piyush Goyal Endorses Aman Gupta’s Call For...