FY 2023 ended on a positive note for MG, they recorded one of the highest sales in March 2023 with 6k units. MG INDIA reported that it is their highest-ever monthly unit sales. The sales data from February and March 2022 and 2023, speaks volumes.
Let’s have a look at MG Sales in March 2023.
|
Directly Jump Into MG |
Sales |
Mar 2023 vs |
% Growth |
| March 2023 | 6,051 | Mar 2022 (Yoy) | 28.17 |
| March 2022 | 4,721 | Feb 2023 (MoM) | 44.31 |
| February 2023 | 4,193 |
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March 2023 recorded massive sales of about 6051 units for the first time. If we compare that with March 2022, 28.17% of growth has been recorded. On comparing it to February 2023, there has been a growth of about 44.31% and it has shown an increase in the volumes by 1858 units.Â
MG |
Sales |
Q1 2023 vs |
% Growth |
| Q1 2023 | 14,358 | Q1 2022 (Yoy) | 5.92 |
| Q1 2022 | 13,555 | Q4 2022 (QoQ) | 16.31 |
| Q4 2022 | 12,345 |
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If we talk about the quarterly stats of the sales, then there also we witness that the sales have been on a positive trend. It’s a likely recipe for success and they’re cooking up a storm in the market. The Q1 of 2023 recorded a growth of about 5.92 % as compared to the Q1 of 2022. The QoQ growth has also been on the positive side, having a 16.31% growth over the Q4 with an increase in the volume of sales by 2,013 units.Â
