Technology

MG Motor will retail 2,863 units in October amid the problem of semiconductor shortages.

MG Motor reported on Monday that it retailed 2,863 units in October from 3,750 units in the same month of 2020. MGMotor accused it of continuing to challenge the global semiconductor shortage, but emphasized that the company received 4,000 units. Hector reservations and the “positive reaction” of the just-released Astor SUV.

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The Indian and global automotive industries are in a difficult situation due to the shortage of semiconductors and the unprecedented challenges associated with them. In the domestic market, demand is usually expected to increase due to festivals in October, but many OEMs have pointed out supply constraints.

MG Motor is aware of the challenges ahead, but remains optimistic. “The global chip shortage has hampered production and reduced sales. The challenge of ensuring timely delivery is likely to continue from November to December and will be even better in the first quarter of next year. I’m expecting it. “

Hector could remain at the center of this predicted thrust, despite the new product from MG. The SUV won 4,000 reservations last month, with sales of 3,625 units in October 2020.

https://auto.hindustantimes.com/auto/news/mg-motor-retails-2-863-units-in-october-amid-semiconductor-shortage-woes-41635742181551.html MG Motor will retail 2,863 units in October amid the problem of semiconductor shortages.

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