MG PH hits 20k-unit sales mark in Q3 2022
The distributor of Morris Garages vehicles in the Philippines has concluded the third quarter of 2022 by reaching its 20,888 sales milestone.
KEY TAKEAWAYS
When did MG Philippines hit the 20,000-unit sales mark?
Per MG Philippines, the milestone was reached during the third quarter of 2022.What models comprise the MG Philippines' vehicle roster?
The company's current model lineup is made up of the MG 6 and 5 sedan, ZS and ZST crossover, RX5, and HS.The Covenant Car Company, Inc. (TCCCI) shared in a statement that the aforementioned number was recently achieved following the brand’s re-entry to the market in October 2018.
TCCCI, covered the 10,000-unit mark in the middle of 2021 and immediately doubled the figures last month. “This feat marks the exponential growth of the MG brand in the country and indicates the trust Filipino motorists have in MG Philippines and TCCCI,” the firm noted.
Currently, the British-bred marque’s local distributor is made up of the MG 6 and 5 sedans; ZS and ZST crossover; RX5; and the recently-launched HS.
“TCCCI’s vision for MG Philippines is to provide the Filipino motoring public with the best value proposition when deciding on their purchase of a vehicle, and to allow clients to make a decision that is rational and fulfilling. MG provides that by having a whole range of new, attainable, well-equipped, and modern cars that are steeped in a rich motoring heritage. The brisk acceptance and market reception of MG over the past four years has fueled TCCCI’s optimism to grow the MG brand at an even more accelerated pace. We are very happy to achieve great strides in ensuring that MG products and services continue to positively resonate with the local car buying public. The growing number of MGs we see plying our roads shows that the progressive thinking public has considered MG as their responsible vehicle purchase,” MG Philippines President and Chief Executive Officer (CEO) Atty. Alberto Arcilla was quoted as saying.
“This 20,888-unit sales milestone happening in only four years from when we first introduced MG Philippines is truly encouraging. TCCCI and MG Philippines share this achievement with our established 42-strong nationwide dealership network partners, our principals at SAIC Motor, Inc., bank partners, our colleagues in the media; and our growing, loyal, and happy MG clients. This accomplishment is the result of all our collective efforts, and we thank everyone for their extraordinary dedication in making MG the fastest growing global brand in the Philippines,” he added.
According to MG Philippines, the newest success is aligned with MG’s global “Mission 100” strategy, which aims to achieve one million MG units sold globally in no less than 100 locations by 2024. The global brand initiative is carried out worldwide by all international MG markets including those in Europe, the Middle East, South America, greater and Southeast Asia, and Australia. The marque's global target also coincides with MG’s upcoming 100-year anniversary in 2024.
“For MG Philippines, exceeding the 20,000-unit milestone serves as a strong point of motivation, signaling the brand to continue to adapt and innovate, while also exercising trustworthy consistency in its products and services,” the firm noted.
Photos from MG Philippines, Ruben D. Manahan IV
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