MG Motor UK has announced record new car registrations as the iconic British brand continues to go from strength to strength in the UK market. The July sales results, taken from the latest SMMT market report, show that MG has achieved an impressive 5,099 new car registrations so far in 2018, over 600 cars more than it achieved in the whole of 2017. This significant increase in new car registrations amounts to an increase of 122% compared with the same period in 2017.
In July along MG managed to grow its monthly volume by an incredible 166%, achieving 813 registrations in July 2018 compared to 305 in July 2017.
The tremendous sales performance for MG is bucking the trend in a market that is down 5.5% year to date, with the brand also reporting that it has achieved 0.5% market share in a month for only the second time.
Daniel Gregorious, Head of Sales and Marketing at MG Motor UK, commented: "Our July sales results are very strong in a market which was broadly flat compared to last year. Customers continue to be attracted to MG's value for money model range, especially the All-New MG ZS compact SUV with its amazing 7 year warranty. We're working really hard to expand our dealer network, attracting experienced retailers who understand the brand and realise the fantastic opportunity MG offers. We continue to invest in our product line-up, with more exciting developments set to be announced in the future. I'm confident that we're on the right track but we'll continue to work hard to ensure that we continue to deliver for our dealer partners and customers. It's a very exciting time for our brand!"
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