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MG Motor disclosed that it had recorded retail sales of 4648 vehicles in India by the end of March 2024.
In the fiscal year 2023-24, the automaker achieved approximately a 14 per cent year-on-year growth compared to the previous fiscal year 2022-2023.
The slowdown in the automotive industry’s growth, notably in passenger vehicle (PV) sales, observed in March, due to factors like a delayed festive season, is expected to gradually improve in the upcoming months.