MG Motor India announced that it has recorded 40% increase in retail sales for the month of July 2020 at 2,105 units, as compared to July 2019. The company had sold 1,508 units in July 2019.
Rakesh Sidana, Director – Sales, MG Motor India, said, “The overall market environment continues to be challenging with uncertainties due to variable lockdowns in various phases. The component supplies continue to remain impacted especially from the Chennai region. However, despite these challenges, our production has remained at similar levels in July as compared to June 2020 and we expect the situation to improve during the festival season.”
MG Motor India and Vadodara-based MAX Ventilators have manufactured over 300 ventilators at the latter's manufacturing plant in Vadodara during July 2020. This represents over10-fold growth since April when the two companies joined hands to boost the production of ventilators. Max Ventilators is a subsidiary of A.B. Industries and was founded back in 1995. It is amongst the top-25 ventilator brands in the world. Earlier, the brand had a manufacturing capacity of 27 units per month.
MG Motor India launched the MG Hector Plus last month and is seeing encouraging traction for its top trims across markets.
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Netradyne, a global leader in AI-driven fleet safety, announced the launch of its flagship Driver•i D-450 video safety platform and the latest DMS sensor in India.
ChargeZone, India’s largest EV charging company with over 13,500 charging points, has launched ChargeClub, an exclusive loyalty programme designed to reward EV users for charging their vehicles.
Luminous Power Technologies has announced the launch of Edge, a bold new brand focused on smart, portable power designed for India’s mobile, connected, and sustainability-conscious consumers.