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.
Mumbai Crime Branch Arrests Man In Fake Police Robbery Case Involving ₹2 Crore Cash Loot In Girgaum Area
Irregularities Detected In DBT Transfers Under Prime Minister’s Matru Vandana Yojana
Cough Syrup Scam: ED Probes Money Laundering Via Luxury Cars With ‘9777’ And ‘1111’ Number Series
BMC Appoints 46 Election Officers, Signalling Imminent Announcement Of Civic Polls
The company sells models like Hector, Astor and Gloster in the domestic market.
(With inputs from PTI)
