Enfield sales up 26 percent in July 2022
Its exports were up by 90 percent during the month
Royal Enfield, a part of Eicher Motors sold 55,555 units in July, 26 percent more than 44,038 units sold in the year-earlier month.
Sales of bikes with engines capacities up to 350cc sold 46,336 units while those over 350 cc sold 9219 units.
Exports for the month were up 90 percent to 9026 units, the company said in a regulatory filing.
The Royal Enfield brand sold 50,265 units in the local market, a 40 percent YoY growth on June 2021 sales. Its year-earlier month tally was 35,815 units.
The June numbers were down by 6 percent as compared to 53,525 units in May 2022.
RELATED ARTICLES
Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws
The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...
VinFast’s second plant in Vietnam goes on stream ahead of India factory
Vietnamese EV maker’s second plant in its home market, which has a 200,000 EVs-per-annum capacity, will focus on produci...
Continental exits TBR market in India, shifts focus to car and SUV radials
German tyre manufacturer aims to tap the double-digit market growth opportunity for big SUV and luxury car tyres which w...