Share, , Google Plus, Pinterest,

Print

Posted in:

MG continues to grow sales in challenging market  

MG continues to grow UK volumes despite challenging conditions, achieving its second highest market share and 36th consecutive month of market share growth. 

Supported by growing take-up of its plug-in models, the carmaker registered 1,892 cars in October – up 127% on the 835 registered in October 2019. As a result, its market share was up to 1.34% from 0.58% in October last year.

Year-to-date, MG sold 16,128 cars – up 58.3% on the 10,187 registered for the same period in 2019. And YtD market share has nearly doubled; from 0.51% in 2019 to 1.16% for the first 10 months of 2020.

MG also saw 43% of its sales attributed to plug-in models. The ZS EV continued to do well, while the new 5 EV and HS Plug-in helped establish MG’s presence in the electric car market. MG also boasted a 7.7% share of the battery electric vehicle market in October and a third-placed podium finish.

Daniel Gregorious, head of sales & marketing at MG, said: “There are headwinds in light of the England lockdown, but our focus is to forge ahead with our ‘Momentum and Growth’ mid-term plan as we head towards year-end.

“We intend to continue promoting our fantastic range of electric and plug-in hybrid cars, generating as many sales leads as we can for our dealers across the country. We know that demand for electric cars remains high and we want to help as many customers as possible to experience the huge benefits of moving to an electric MG.”

Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

1285 posts