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Royal Enfield sales down 15% in January 2022


Royal Enfield registered sales of 58,838 motorcycles in January 2022.

Via Automatic table HT
|
Update on:
February 1, 2022, 06:09 ONLY

Royal Enfield Meteor 350
Royal Enfield Meteor 350

Royal Enfield announced on Tuesday that it has managed to register the sale of 58,838 motorcycles in January. This is 15% lower than the sales of 68,887 motorcycles in the corresponding month of 2021. This achievement includes both sales from domestic and export markets.

(Also read: Meet the custom Royal Enfield Himalayan 650 by Cooperb Motorcycles)

Domestic sales fell 23% to 49,726 units in January 2022, compared with 64,372 units sold in the same period a year ago. While the domestic figures fell 23%, exports, by contrast, increased directly by 102%. The company shipped 9,112 motorcycles last month compared to 4,515 units in the same period last year, marking an export market growth of over 102%.

Royal Enfield year-to-date sales for the financial year 2021’22 were recorded at 4,75,431 (including domestic and export figures). This performance is almost the same as a year before 2020’22 when the company sold 4,76,633 units.

The company added that its international business grew stronger with the launch of several new products including the Classic. 350 has been launched in several international markets such as the Philippines, Korea, Australia and New Zealand.

(Also read: The Indian-made Royal Enfield Classic 350 costs more than double in the UK)

Furthermore, the 100,000th of the all-new Classic 350 also rolled out of the company’s production facility recently. The brand added that the new Classic ‘continues to receive a positive response’ across markets from experts and the riding community.

Date of first publication: February 1, 2022, 06:09 PM IST



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