MG Motor retail sales dip 11 pc in August on supply chain woes

"The volatility in supply chains continues to cause many production challenges, however, this is expected to improve from next month onwards," the automaker said in a statement. In order to meet growing customer demand, the company has proactively...

Hit by supply chain issues, MG Motor India reported a decline in retail sales for August. Production challenges saw the automaker drop 11% in sales.

The company retailed 3,823 units last month as compared to 4,315 units in August 2021.

"The volatility in supply chains continues to cause many production challenges, however, this is expected to improve from next month onwards," the automaker said in a statement.


The company continues to have a string order book and a positive outlook and has proactively undertaken multiple initatives to meet demand.

The launch of the new version of Gloster, with significant safety, style, and technology enhancements, is expected to double the sales of the model line up and the next-gen Hector, slated for a year-end launch, is expected to add to the growing momentum, MG Motor India stated.

With inputs from PTI
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