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MG Motor India reports 40% decline in sales to 2,482 units in November

MG Motor India on Wednesday reported a 40 per cent decline in retail sales to 2,481 units in November 2021, as the production was adversely impacted by the ongoing semiconductor shortage.

MG Motor
The newly launched SUV Astor along with Hector, ZS EV and Gloster continue to have strong customer interest.
Press Trust of India New Delhi
1 min read Last Updated : Dec 01 2021 | 10:49 AM IST

MG Motor India on Wednesday reported a 40 per cent decline in retail sales to 2,481 units in November 2021, as the production was adversely impacted by the ongoing semiconductor shortage.

The company had clocked retail sales of 4,163 units in the same month last year.

"Enduring the industry challenges of global semiconductor chip shortage, which has severely constrained the production levels, MG Motor is continuously working towards delivering to customers their much-awaited MG cars on time," the company said in a statement.

The newly launched SUV Astor along with Hector, ZS EV and Gloster continue to have strong customer interest, and the company is working towards fulfilling its promise and delivering the first batch of 5,000 Astor within 2021, it added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :MG Motor IndiasemiconductorSUV

First Published: Dec 01 2021 | 10:49 AM IST

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