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.

By Autocar Pro News Desk calendar 02 Dec 2023 Views icon3450 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Himalayan image

The new Himalayan

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
Emmforce AutoTech to raise Rs 54 crore through IPO on April 23

auther Autocar Pro News Desk calendar19 Apr 2024

The IPO will comprise 5,499,600 equity shares with the company intending to utilise the capital for setting up a new sub...

Bajaj Auto appoints Ramtilak Ananthan as CTO, Abraham Joseph as MD of Chetak Technology

auther Autocar Pro News Desk calendar19 Apr 2024

Ramtilak Ananthan, before being appointed as the Chief Technology Officer, headed the Test and Validation at R&D departm...

InnerCircle: 'EV industry needs to bank on investments and focus on evaluating various technologies', says Krishnan Kohli of Kalyani Powertrains

auther Autocar Pro News Desk calendar19 Apr 2024

The company President and CEO sees the path forward as a combination of fostering competitiveness, addressing supply cha...