MG Motor India's Uneven Sales Trajectory
MG Motor India reported a 46% increase in sales to 6,678 units in July. Despite this, SIAM data highlighted a 64% year-on-year decline in dealer dispatches during the June quarter. The company's wholesale figures were 8,771 units in the same period last year.
- Country:
- India
MG Motor India experienced a remarkable 46% surge in sales for July, selling 6,678 units compared to 4,575 units in the previous year.
Despite this optimistic growth, the company faced a significant decline in its dispatches to dealers during the June quarter, with a 64% year-on-year drop to 3,153 units, according to SIAM data.
For context, the company's wholesale figures last year for the June quarter stood at 8,771 units, highlighting the challenges MG Motor India faces amid fluctuating sales dynamics.
(With inputs from agencies.)
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- MG Motor India
- sales
- SIAM
- dispatch
- wholesale
- growth
- decline
- June quarter
- July
- surge
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