BREAKING RECORDS

MG Motor completed significant sales in 2023 to break into the ‘Top Five Best-selling Car Manufacturers’ in the GCC.

The British-born automotive brand achieved total sales of 63,691 units over 12 months and recorded an impressive 4.2% market share. By increasing its sales by 10.8% in 2023, MG continued its record for registering double-digit growth every year since it kicked off its operations in the Middle East region.

Now one of the top five automotive brands regionally, MG continues to experience large increases in market share across the Middle East. Oman is a clear standout with the brand enjoying 10% market share and ranking second in the Sultanate. While in Iraq, MG last year reported a 9.9% market share and fourth place ranking.

The company’s continuous growth reflects customer trust and confidence and has been made possible by the support provided by its ever-growing sales and after-sales network. To meet this growing customer demand across the region, MG plans to open 17 new showrooms in 2024, to complement the 49 currently in operation.

Additionally, the brand’s commitment to exceptional customer service will be further enhanced with the opening of 26 new service facilities, taking the total number to 73.

MG’s top performing car models in the region in 2023 were the MG 5, which sold 23,321 units, and the compact SUV MG ZS, which sold 11,285 units.

Tom Lee, Managing Director of MG Motor’s Middle East operations, said: “Last year was marked by a number of pivotal milestones, with the MG brand expanding into Morocco and Palestine, alongside the inauguration of our new partnership in Saudi Arabia with Jiad Modern Motors, a Mohamed Yousuf Naghi company.” ✤

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