Royal Enfield’s sales up 13 percent year on year in November to 80,251 units
Domestic sales grew 14 percent on year to 75,137 units while exports registered a slight improvement of 2 percent to 5,114 units.
Eicher Motors-owned Royal Enfield recorded a 13 percent on-year growth in its November sales amid robust domestic sales.
Royal Enfield sold a total of 80,251 motorcycles during the month, compared with 70,766 units in the year-ago period.
Domestic sales grew 14 percent on year to 75,137 units while exports registered a slight improvement of 2 percent to 5,114 units.
In November, Royal Enfield introduced its much-awaited facelift of Himalayan 411, which comes at a starting ex-showroom introductory price of Rs 2,69,000.
During the launch of the new Himalayan, Siddhartha Lal, MD of Eicher Motors had said that he is not focused on competitors. “We are instead focused on the company's own path, which is strong on the back of an exceptional brand, wide distribution, new products and a strong community. We are not worried. In fact, we are very bullish on the future. The increase in competition will mean growth in market size, it will benefit us, though we may lose a bit of market share, but we will continue to grow,” Lal said.
RELATED ARTICLES
Auto Component Sector Sees Near-term Stability, Uncertainty Beyond
Protiviti’s Saurav Kumar and ACMA’s Vinnie Mehta point to logistics delays, input cost pressures, and emerging energy ch...
VinFast Opens 50th India Showroom in Bengaluru
The Vietnamese EV maker inaugurated a flagship 3S dealership on Hosur Road, as it pushes toward 75 outlets across 60 Ind...
VIDA Launches KKR-Branded Electric Scooter, Introduces Player Award Tied to Match Wins
Hero MotoCorp's electric vehicle brand has unveiled a limited edition VX2 Plus in Kolkata Knight Riders colours, with a ...




02 Dec 2023
5042 Views
Mukul Yudhveer Singh

Angitha Suresh