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See Royal Enfield’s domestic production declines 24% and exports surge

Domestic sales of Royal Enfield were 44,830 units, a decrease of 24% compared to 59,084 units sold in November 2020.


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RE sales continued to decline in November, as did motorcycle manufacturers.

Royal Enfield reported November 2021 sales, with its domestic sales of 44,830 units, down 24% from 59,084 units in November 2020. However, the company’s exports during the same period were 6,824 units. An increase of 45% compared to last year when the manufacturer shipped 4,698 units overseas. Overall, Royal Enfield’s sales fell 19% in November this year, with 51,654 motorcycles sold compared to 63,782 motorcycles in the same month last year.

Read again: Motorcycle sales November 2021: TVS sales down 15%

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The 120th Anniversary Edition RE Motorcycle was unveiled at EICIMA 2021 last month

Royal Enfield reports a decline in sales on a monthly basis. The company’s sales in October this year were 44,133 units, which was flat month-on-month. However, the exports of The Shaw Group companies continue to grow stronger every month. In terms of year-to-date sales, Royal Enfield sold 2,95,711 units from April to November, down 7% from 3,18,577 units in the year-ago quarter.

Read again: Motorcycle sales November 2021: Bajaj domestic sales down 23%

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November 2021 was also a turbulent month for Royal Enfield as it unveiled the 120th Anniversary Edition of the Interceptor 650 and Continental GT 650 at EICMA 2021. The company also exhibited the SG650 concept and Project Origin, a replica of the original Royal Enfield. Motor bicycle. The manufacturer also announced a new CKD facility in Thailand.

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See Royal Enfield’s domestic production declines 24% and exports surge

Source link See Royal Enfield’s domestic production declines 24% and exports surge

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