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.
Surrounded By Hundreds Of Onlookers, Massive Black Bear Crashes Annual Christmas Parade In US; Visuals Inside
'Maharashtra Not Headed For Bankruptcy': CM Devendra Fadnavis Dismisses Opposition Claims At Winter Session Conclusion
'GOAT India Tour': Lionel Messi Mania Peaks In Mumbai As Fans Make Aadhaar Card Poster For Argentina Football Legend
Blaze In Nalasopara’s Golden Palace Apartment Brought Under Control After 2 Hours, No Injuries Reported
The company sells models like Hector, Astor and Gloster in the domestic market.
(With inputs from PTI)
