MG Motor India Posts Strong Growth in 2020 with 77 % growth over 2019
Hyderabad, NFAPost: MG Motor India has closed the year on a strong note, gathering 5,000 HECTOR and 200 EV bookings in December, the highest figure for 2020.
The carmaker has reported retail sales of 4010 units, (including 3430 units of Hector) during December 2020, a growth of 33% against the same month last year. The company also recorded 77% growth in total sales during the year 2020 over last year, despite continuous local supply chain bottlenecks.
Commenting on the sales performance, MG Motor India Director – Sales Rakesh Sidana said the company has ended the year on a high note with customers continuing to choose the best-in-class premium products from MG’s stable.
“Going forward, we will have more excitement for the customers in January. We expect the momentum to continue as the MG brand enters more markets in 2021,” said Rakesh Sidana.
The carmaker also announced that it will be taking preventive annual maintenance shutdown at its Halol manufacturing facility in Gujarat during the first 10 days of January 2020, which would affect its production in January. This coupled with lockdown restrictions could hamper supply chain as well.
The company continues to ramp up the production of the MG GLOSTER and hopes to stabilize the production by March 2021. It has received 3,000 bookings and retailed 1085 units of the GLOSTER in two months. It has retailed over 25,000 units of the MG HECTOR in calendar year 2020, the highest in its segment and 1243 units of ZS EV.
Driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility, the cutting-edge automaker has augmented the across-the-board ‘experiences’ within the automobile segment today. It has introduced several ‘firsts’ in India including India’s first Internet SUV – MG Hector, India’s first Pure Electric Internet SUV – MG ZS EV, and India’s first Autonomous (Level 1) Premium SUV – MG Gloster.
Founded in the UK in 1924, Morris Garages vehicles were world-famous for their sports cars, roadsters, and cabriolet series. MG vehicles were much sought after by many celebrities, including the British Prime Ministers and even the British Royal Family, for their styling, elegance, and spirited performance.
The MG Car Club, set up in 1930 at Abingdon in the UK, has thousands of loyal fans, making it one of the world’s largest clubs for a car brand. MG has evolved into a modern, futuristic, and innovative brand over the last 96 years.
Its state-of-the-art manufacturing facility in Halol, Gujarat, has an annual production capacity of 80,000 vehicles and employs nearly 2,500 work force. Driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility, the cutting-edge automaker has augmented the across-the-board ‘experiences’ within the automobile segment today.
The company has introduced several ‘firsts’ in India including India’s first Internet SUV – MG Hector, India’s first Pure Electric Internet SUV – MG ZS EV, and India’s first Autonomous (Level 1) Premium SUV – MG Gloster.