HomeNewsBusinessCOVID-19 impact: MG Motor India sees retail sales of 710 units in May

COVID-19 impact: MG Motor India sees retail sales of 710 units in May

The company has resumed production at its Halol manufacturing plant with approximately 30 percent capacity utilisation, MG Motor India said in a statement.

June 01, 2020 / 11:51 IST
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MG Motor India on Monday reported retail sales of 710 units in May amidst supply chain constraints of coronavirus-induced lockdown.

The company has resumed production at its Halol manufacturing plant with approximately 30 percent capacity utilisation, MG Motor India said in a statement.

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About 65 percent of its showrooms and service stations across the country are also operational with reduced manpower, it added.

Commenting on business resumption and sales performance, MG Motor India Director Sales Rakesh Sidana said, "supply chain disruption coupled with stricter credit financing along with non-operation of some dealerships due to the lockdown have impacted our sales in May."

COVID-19 Vaccine
Frequently Asked Questions

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A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

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