Royal Enfield registers 36.2 percent YoY volume growth in Jan 2023
The company exported 7,044 motorcycles in January this year, representing a 22.7 percent increase over the same period last year.
Royal Enfield reported a domestic wholesale of 67,702 motorcycles in January 2023, representing a 36.2 percent increase over the 49,726 motorcycles sold in the same month the previous year. Similarly, the company exported 7,044 motorcycles in January this year, representing a 22.7 percent increase over the same period last year.
B Govindarajan, CEO, Royal Enfield said, “We have begun the new year with an encouraging performance in the domestic market. Super Meteor 650, our most awaited cruiser, which was launched last month across India and Europe has received exceptional response and initial bookings have been promising.”
Royal Enfield, a part of Eicher Motors, has about 2,100 stores in India's major cities and towns, as well as roughly 850 stores in more than 60 countries worldwide.
RELATED ARTICLES
Suzuki Edges Past Honda to Become Japan's Second-Largest Automaker by Global Sales
A surge in India lifts Suzuki to a record half-year, while Toyota posts its first fiscal first-half decline in two years...
Studds Accessories Q2 Revenue Up 19%, Profit Falls 28% as Costs Outpace Sales
Studds’ sales climb 19% on strong helmet demand, but a 28% drop in quarterly profit shows how costly growth has become.
Atul Auto Q2 Consolidated Revenue Jumps 34%, Profit Slips 17% as Costs Climb
Atul Auto’s three-wheeler volumes surge 29% and revenue climbs 34%, but rising material and operating costs cut quarterl...



02 Feb 2023
Autocar Professional Bureau
