Sales Figures News

In April 2024, MG Motor India sold 4,485 vehicles, and EV accounted for 34% of the company's total retail sales.

The brand witnessed year-over-year growth of 9.5 per cent in its sales in April 2024 as compared to the corresponding period last year.

The company commenced operations in 2006, with the mass production of the Access 125 scooter

Data shared by the Society of Indian Automobile Manufacturers (SIAM), the total vehicle sales between April 2023 and March 2024 stood at 2,38,53,463, a growth of 12.5 per cent, compared to 2,12,04,846 units sold during the same period in FY 2023.

Between April 2023 and March 2024, the EV industry collectively sold 90,996 electric cars in the country, a 91.37 per cent growth compared to 47,551 electric vehicles in FY2023.

With total sales of 9,47,087 units, the market share of electric two-wheelers grew from 4.5 per cent in FY2023 to 5.4 per cent in FY2024.

Between January and March 2024, the company’s total car sales in India stood at 3,680 vehicles, out of which 3,510 units were BMW models, and 170 cars were from MINI.

Passenger vehicle sales crossed 39 lakh units in FY2024 with SUVs holding a 50 per cent market share.