Mg Motor India Logs A 28% Sales Increase In September 2021, Chip Shortage Hampers Production

MG Motor India registered a 28% increase in sales compared to last year as it retailed 3241 units in September 2021. MG ZS EV sees higher demand in the third consequent month with 600 plus bookings in September. .
 

MG Motor India recorded high bookings in September for the third consecutive month. Additionally, retail sales are also more than last year. However, the chip shortage has hampered the production capacity significantly.
 
Commenting on the development, Rakesh Sidana, Director-Sales, MG Motor India, said, “Our production has reduced by almost one-third due to chip shortage. We expect this challenge to continue for the next few months. However, given the high number of bookings, we are trying our best to address the challenge and bring down the waiting period down to three months.”  
 
With the festival season around, MG Motor India is getting ready to launch its mid-size SUV, MG Astor.