MG Motor India reported a robust 18 per cent growth in total retail sales for the year 2023, reaching 56,902 units compared to the previous year. The automobile company announced that December 2023 alone saw retail sales of 4,400 units, marking a notable 13 per cent increase from the same month in the previous year.
Th substantial growth in 2023 signifies MG Motor India’s fourth consecutive year of positive expansion, underlining its sustained success in the Indian market.
A significant highlight of the report is the notable contribution from electric vehicle (EV) models, accounting for approximately 25 per cent of the company’s total sales. This emphasizes the increasing popularity and acceptance of electric vehicles among Indian consumers.
MG Motor India’s flagship EV, the ZS, and the Comet have played a pivotal role in this success, collectively achieving sales of around 20,000 units to date. The positive response to these electric models reflects a growing trend toward eco-friendly and sustainable transportation solutions in the country.
Denial of responsibility! NewsConcerns is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
