BUSINESS

MG Motor India Reports 40% Decline in November Sales

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

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