MG motor sales end 2022 with 40% growth across Middle East

Business Sunday 12/February/2023 16:40 PM
By: Times News Service
MG motor sales end 2022 with 40% growth across Middle East

Muscat: MG Motor continues to rise the rankings in the GCC’s top ten car manufacturers as the brand secured 6th position with an unprecedented sales performance in 2022. The year concluded with MG recording a remarkable 4.7 per cent market share.

With total sales of 57,506 units, the company’s achievements are particularly impressive considering the competition it faces from rising Chinese brands in the GCC market.

This remarkable milestone could not have been achieved without the exceptional support from MG’s dealer network and the aggressive expansion plans the brand has implemented. As a result, the brand now has a total of 49 showrooms in the region, currently open, with 6 new showrooms pencilled for opening in H1 2023. The brand has always focused on ensuring the highest standard of customer service, with 4 new facilities opening in H1 of 2023, being added to the 64 state-of-the-art facilities already used by our customers.

MG continues with its double-digit growth ever since it kicked off its operations in the Middle East region, as such increasing the brand’s sales by 40 per cent. Now, the brand is one of the top 6 Automotive brands in the region and MG continues to lead with large increases in market shares across the GCC. With MG5 and MGZS being the best-performing models across the year. Customers have shown their appreciation of the British-born brand’s products.

Tom Lee, Managing Director of MG Motor’s Middle East operations, commented: “MG has recorded another year of extraordinary growth in the region despite the ambitious goals we have set for ourselves and the slew of new competitors. The growing awareness, popularity and desire for the MG brand have been really evident as we have maximized accessibility to the brand for customers across our nine markets, and as we look to introduce two new markets in Q1 of this year.”

Mohsin Hani Al Bahrani, CEO, MHD ACERE, said, “It has been a tremendous performance by MG in the region and my hearty congratulations to the team. We are equally proud that Oman has been a significant contributor to this growth story. With the highest market share growth of 8.2%, MG today stands as the 2nd largest car brand in Oman. We are confident this momentum will continue into 2023.”
Furthermore, MG will continue to enhance its services as it tends to its customer’s needs, while its 10 years / unlimited km warranty on all models, combined with exceptional offers available to new and current customers, will ensure complete peace of mind.