MG Motor India's Sales Up 21% In H1CY23

Mobility Outlook Bureau
20 Jul 2023
03:45 PM
1 Min Read

As per the company, the launch of the next-gen variant of Hector in January, and demand for the company’s flagship EV-ZS, contributed significantly to the growth.


MG At AutoExpo 2023
MG At AutoExpo 2023

MG Motor India announced that it has sold over 29,000 vehicles in H1CY23 against 24,000 units sold during the same period a year earlier, registering 21% growth.

As per the company, the launch of the next-gen variant of Hector in January, and demand for the company’s flagship EV-ZS, contributed significantly to the growth. The brand also registered its highest-ever retail sales of 6,051 units in March 2023.

The company sold 115,000 vehicles in the European market alone, a 143% year-on-year increase, while MG's NEVs accounted for over 50% of its total sales in January-June.

The company’s products and services are available in 28 European countries with more than 830 outlets with monthly deliveries exceeding 20,000 units in a row for four consecutive months.

The carmaker recently announced its five-year business roadmap to strengthen business operations for sustainable growth and a meaningful impact on society in India.

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