Royal Enfield’s Sales Volume Falls Below 50,000 Units Due To Auto Industry Slowdown

Royal Enfield’s sales volume falls below 50,000 units due to auto industry slowdown first time ever since May 2016, over three years back. The last time Royal Enfield sold underneath 50,000 bikes was in May 2016, when the organization had despatched 47,232 units in the domestic market, and by and large sales being at 48,604 units.

In July 2019, Royal Enfield despatched 49,182 units, a major drop of 27 percent over July 2018, when the organization had despatched 67,001 bikes. In the period from April to July, 2019, Royal Enfield’s general sales are down 19 percent, while in the domestic market alone, sales have slipped 22 percent from a similar period a year back.

The main silver covering is that Royal Enfield’s fares appear to have taken off with the organization pushing forcefully at more up to date advertises with its new 650 Twins, the Royal Enfield Interceptor and the Royal Enfield Continental GT 650.

Fares for July 2019 is at 5,003 units, an incredible 143 percent development from 2,062 units sent out in July 2018. Combined sales in July 2019 is at 54,185 bikes, down 22 percent from 69,063 units in July 2018. What’s more, sends out in the April to July, 2019 period have grown 84 percent, when the organization despatched 14,162 bikes, up from 7,698 units in a similar period a year back.

With the redesigns, the new models will be relied upon to be costly than the present models accessible marked down. The coming months will be essential, as the bubbly season kicks in, just as some pre-booking before the BS6 standards happen from April 1, 2020.