Royal Enfield posted a strong domestic sales of 66,062 units in July 2023, a 42 percent YoY growth over July last year. During the same period, Royal Enfield exported 7,055 motorcycles to overseas markets as compared to 9,026 units exported, leading to a YoY decline of 22 percent.
Overall, the Eicher-owned brand posted sales of 73,117 motorcycles in the month of July as opposed to 55,555 motorcycles sold during the same month in the previous year, registering a YoY growth of 32%.
Speaking about the performance for the month of July 2023, B Govindarajan, CEO, Royal Enfield said, “July has been special, as we completed more than 2,00,000 sales for the Hunter 350 in this month. In less than a year since its launch, the Hunter has a young and vibing 2-Lakh strong community across the world.”
Royal Enfield is gearing up for the launch of the new-gen Bullet 350 towards the end of this month. It will be based on the new J-series platform underpinning the likes of Classic 350, Meteor 350 and Hunter 350. The new Bullet 350 will be powered by a new 349cc single-cylinder air/oil-cooled, same as the one powering the above-mentioned models.
Get live Share Market updates, Stock Market Quotes, and the latest India News and business news on Financial Express. Download the Financial Express App for the latest finance news.
Royal Enfield sells 66,062 units in July; growth of 42% – The Financial Express
by
Tags:
Leave a Reply