Morris Garages Motor reports 3% decline in retail sales in September

MG Motor India on Thursday said it has recorded 2.72 per cent decline in its September retail sales at 2,537 units

Morris Garages India announces Benedict Cumberbatch as its brand ambassador
Morris Garages India
Press Trust of India New Delhi
1 min read Last Updated : Oct 01 2020 | 12:41 PM IST

MG Motor India on Thursday said it has recorded 2.72 per cent decline in its September retail sales at 2,537 units.

The company had sold 2,608 units in September 2019.

"While the fresh booking trend continues to grow steadily for MG Hector and ZS EV, the retail sales were severely impacted in September due to Shraad and Adhik Maas," MG Motor India Director Sales Rakesh Sidana said in a statement.

The wholesale figures were much more than retails in anticipation of the upcoming festive season, he added.

"Although the challenges continue in the overall economy and supply chain, our teams are doing their best to overcome these and we are looking forward to festive season and the launch of Gloster this month," Sidana said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Morris Garagesautomobile salesAutomobileautomobile industry

First Published: Oct 01 2020 | 12:37 PM IST

Next Story