Thursday, Mar 28 2024 | Time 20:09 Hrs(IST)
image
Business Economy


MG Motor India May retails Sale at 710 units

MG Motor India May retails Sale at 710 units

Mumbai, Jun 1 (UNI) MG Motor India has recorded 710 retail sales for the month of May 2020, amidst supply chain constraints.

The car major has resumed production at its Halol manufacturing plant with approximately 30 per cent capacity utilisation. 65 per cent of its showrooms and service stations across the country are also operational with reduced manpower, company said in a filing BSE.

Commenting on the sales performance, Rakesh Sidana, Director – Sales, MG Motor India, said, “Supply chain disruption coupled with stricter credit financing along with non-operation of some dealerships due to the lockdown have impacted our sales in May. The production loss notwithstanding, our front-end retail operations continue to operate with less-than-normal staff strength. At these times, we remain connected with our customers waiting for delivery of the HECTOR and continue to prioritize deliveries with supply chain improvements in June. We hope to restore normalcy from July onwards. All of our vehicles' stocks across channels and dealership inventory are BS-VI units.”

As part of its ‘Phase 2’ expansion plan, the carmaker is introducing the ZS EV in six new cities including Pune, Surat, Cochin, Chandigarh, Jaipur, and Chennai from June 2020; expanding the presence of the pure electric vehicle across 11 markets in India.

Preparing to serve its customers in the new normal, MG Motor India recently introduced its new contact-free technology suite ‘Shield+’ to enhance the customer experience. It continues to follow all sanitisation processes at its facilities to ensure the safety of its customers and employees. The carmaker has also tied up with Medklinn’s Cerafusion sterilisation technology for vehicle cabin sterilisation.

UNI JS NV RHK1324

More News

Honda Motorcycle & Scooter India achieves historic 6 cr domestic sales milestone

28 Mar 2024 | 7:19 PM

Mumbai, Mar 28 (UNI) Honda Motorcycle & Scooter India (HMSI) announced on Thursday that it has accomplished a historic achievement of 6 crore domestic sales in India. Honda ventured into the Indian market with its first two-wheeler, the Activa, in 2001.

see more..

28 Mar 2024 | 5:28 PM

UNI NK AKS.

see more..
Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

28 Mar 2024 | 5:16 PM

Rudrapur, Mar 28 (UNI) From power Back-up solutions to Batteries and Solar applications, Luminous Power Technologies on Thursday announced the launch of its state-of-the-art solar panel manufacturing facility here.

see more..

Kottayam-Kochi Rubber Market rates

28 Mar 2024 | 5:04 PM

Kottayam, Mar 28 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Thursday per quintal.

see more..
Indian Oil dispatches its first packed LPG truck load from Sitarganj bottling unit

Indian Oil dispatches its first packed LPG truck load from Sitarganj bottling unit

28 Mar 2024 | 2:37 PM

New Delhi, Mar 28 (UNI) State-owned Indian Oil on Thursday rolled out the first truckload of packed LPG from the Indane bottling plant at Sitarganj in Uttarakhand.

see more..
image