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

Topics
Morris Garages | automobile sales | Automobile

Press Trust of India  |  New Delhi 

Morris Garages India announces Benedict Cumberbatch as its brand ambassador
Morris Garages India

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.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on Morris Garages
First Published: Thu, October 01 2020. 12:37 IST
RECOMMENDED FOR YOU