Royal Enfield sells more than 70,000 Bikes In January

Feb 02 2019 07:10 PM
Royal Enfield sells more than 70,000 Bikes In January

The leading bike maker Royal Enfield sold more than 70,000 bikes in the first month of 2019. In all, Royal Enfield despatched 72,701 motorcycles in the domestic and export markets, although growth over the same month a year ago declined by 7 per cent.

As per the domestic, In the domestic market alone, Royal Enfield sold 70,872 motorcycles in January 2019, compared to 76,205 bikes sold in January 2018. However, there is growth in international sale in January 2019, with Royal Enfield selling 1,829 motorcycles in January, compared to 1,673 motorcycles sold in global markets in the same month a year ago.

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Talking about domestic sales in the period from April 2018 to January 2019, it grew by 5 per cent, from 6,55,667 to 6,86,773. Whereas, International sales in the same period were flat, growing only 1 per cent from 15,661 to 15,864 units.

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Company will be looking to improve international sales with the launch of the new 650 Twins in global markets. The bikes have been launched in the US, Europe and South East Asian markets, and sales are expected to pick up from March 2019. 

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