MG Motor India Posts 41% Growth In Sales In August 2020

MG Motor India has recorded 2851 retail sales for August 2020, registering a growth of 41% in sales over the year-ago period. It had sold 2,018 units in August 2019.

HECTOR PLUS, the recently launched 6-seater Internet SUV, is witnessing significant traction from the family segment as people begin to travel with easing restrictions. In the New Normal, travelers continue to prefer personal vehicles against other alternatives.

The company also saw good traction in the EV segment and with the support of the state government in Delhi and Telangana, it hopes that the category would see a further increase in momentum soon.

Commenting on the overall sales performance in August 2020, Rakesh Sidana, Director – Sales, MG Motor India, said, “We have ramped up the overall production in August compared to July. We are working on fulfilling existing backorders for the HECTOR and prioritizing vehicle deliveries for the ongoing festive season. The recovery in upcountry markets has been faster which should augur well during the festive season.”