Royal Enfield records 8% YoY decline in May sales
The automaker dispatched 71,010 two-wheelers in May, against 77,461 units in the same month the previous year.
Royal Enfield’s total sales volume fell 8 percent during May on a year-on-year basis amid weakness in its domestic market sales. International market sales, however, recorded growth during the month.
The automaker despatched 71,010 two-wheelers in May, against 77,461 units in the same month the previous year. Almost 90 percent of the Royal Enfield sales come from models with engine capacity of up to 350 cc.
Sales of models with engine capacity engine capacity up to 350cc declined 13 percent on year to 59,852 units, while sales of models with engine capacity exceeding 350 cc rose 32 percent to 11,158 units.
International business volume, however, recorded a growth of 12 percent to 7,479 units.
Royal Enfield’s portfolio includes ten models – Bullet 350, Classic 350, Hunter 350, Meteor 350, the 411cc-engine powered Scram 411 and Himalayan adventure bikes, the 650cc twins (Interceptor 650, Continental GT 650), the Super Meteor 650 and Shotgun 650.
In April, Royal Enfield sold a total of 81,870 motorcycles.
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01 Jun 2024
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Sarthak Mahajan
