Retail sales for MG Motor India are steady. Retail sales rose to 4,571 units in August 2024 from 4,185 in 2023. Year-over-year increase is 9%. Compared to July 2024, August 2024 sales were flat, down 1 unit—negative 0.02% MoM. Sales data shows steadiness.
JSW MG Motor India sells ICE and NEVs. Sales of 2,971 ICE cars made up 65% of overall sales in August 2024. 1,600 New Energy cars (NEVs) made up 35%. This shows a large market share for combustion engines. Meanwhile, electric sales are rising.
JSW MG Motor India's NEVs include the MG ZS and MG Comet. The flagship electric vehicle MG ZS and urban small car MG Comet have helped enhance NEV sales. NEVs account for 35% of sales, indicating rising customer interest in electric mobility.