MG Motor India has attributed the decline to severe shortage of semiconductor chips across the world, which has affected production, resulting in limited stock at its dealerships.
see photosMG Motor India’s total sales stood at 2,863 units in October 2021
Morris Garage India has released the monthly sales figures for October 2021, during which the company’s total sales stood at 2,863 units. Compared to 3,750 units sold during the same month in 2020, MG Motor India saw a decline of around 24 per cent. The company has attributed this decline to a severe shortage of semiconductor chips across the world, which has affected production, resulting in limited stock at its dealerships. At the same time, 3. Compared to241 vehicles sold in September 2021, the company saw a month-on-month (MoM) decline of around 12 per cent.
MG Motor India receives over 4,000 bookings for MG Hector SUV
mg Motor India says that while global chip shortages have hampered production, resulting in lower sales, demand continues to pick up. And the festive season has brought an additional impetus to the inquiries. The carmaker says that it has received over 4,000 bookings for the MG Hector and over 600 bookings for the ZS EV and Gloster in October 2021. MG says that even its newly launched compact SUV, the MG Astor has received positive response from the customers. And was sold out for 2021 within 20 minutes Regarding opening of booking.
Read also: MG Astor compact SUV launched in India; Prices start at ₹ 9.78 Lakh
MG Motor India also launched the Astor in October, which sold out within 20 minutes of booking opening in 2021.
Read also: MG Astor Review: Compact SUV Big On Tech
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The carmaker will begin deliveries for the Astor this month, and aims to deliver around 5000 units by the end of 2021. However, the company says that the challenge of ensuring on-time deliveries is likely to persist till November and December due to chip shortage. . Having said that, the company is positive that things will improve soon, and expects the situation to improve in the first quarter (Q1) of the 2022 calendar year.
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