Royal Enfield’s sales fall 5% YoY in June
For the quarter ended June, Royal Enfield’s total sales remained flat at 2.27 lakh motorcycles.
Eicher Motors-owned Royal Enfield today reported a 5% decline in its June sales on a year-on-year basis amid weakness in the sales of motorcycles with engine capacity up to 350 cc.
The automaker sold a total of 73,141 motorcycles, compared with 77,109 motorcycles in June 2023, the company said. Both domestic and international markets declined during the month.
Sales of models with engine capacity up to 350cc fell 10 percent to 61,465 units, while sales of models with engine capacity exceeding 350 cc rose 38 percent to 11,676 units. International sales dropped 7% to 7,024 units.
For the quarter ended June, Royal Enfield’s total sales remained flat at 2.27 lakh motorcycles on a year-on-year basis. International business grew 8% to 22,221 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. The automaker will launch its much-awaited Guerilla 450 model this month.
RELATED ARTICLES
Neolite ZKW Positions for Growth as Lighting Becomes a Differentiator
IPO-bound Neolite ZKW is scaling up manufacturing capacity and electronics capabilities as automotive lighting evolves f...
Vinfast in Talks With Battery Makers in India For Localisation
The company is in talks with multiple cell manufacturers in India, including Tata-Gotion.
Gujarat, Maruti Suzuki Formalise Rs 35,000 Crore Investment for Khoraj Plant: ANI
Facility to produce 10 lakh vehicles annually with potential for 12,000 jobs; ceremony attended by Chief Minister Bhupen...




By Autocar Professional Bureau
02 Jul 2024
2113 Views
Kiran Murali
