Astor clocks 5,000 orders in 20 minutes of opening bookings: MG Motor India



on Thursday said it has sold out its new SUV Astor for this calendar year clocking 5,000 orders within 20 minutes of opening bookings.


The deliveries of the Astor will commence from November 1, 2021, and the company aims to deliver the 5,000 units within this year, said in a statement.


The company had last week announced its foray into the fast growing mid-sized SUV segment in India with the launch of the new model Astor priced between Rs 9.78 lakh and Rs 16.78 lakh (ex-showroom Delhi).


Commenting on the consumer response, President and Managing Director Rajeev Chaba said, “We are ecstatic about the response we have received from the customers.”

The company said the 5,000 units were sold out in less than 20 minutes of the opening of bookings.


Chaba, however, added, “Given the global chip crisis that the industry is undergoing, we can only supply a limited number of cars this year. We expect supplies to become better from Q1 next year.”

The MG Astor, which will compete with the likes of Hyundai Creta, Kia Seltos, Sokda Kushaq and VW Taigun, comes with a personal AI assistant and first-in-segment Autonomous (Level 2) technology.


The model is based on the company’s global platform, ZS and comes with two engine options the 220 TURBO petrol engine with a six-speed AT (automatic) delivering a 140ps of power and VTi Tech petrol engine with a manual transmission and an eight-speed CVT, delivering 110ps of power.


The company had said the current prices are introductory and would hold for deliveries this year.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *