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HomeBikes and ScootyRoyal Enfield bikes: RE reported decline in sales in december 2022

Royal Enfield bikes: RE reported decline in sales in december 2022

Bike Sales: Royal Enfield’s Bullet ran a lot, sold so many bikes in a month, but also a bad news
Royal Enfield bikes: The company has released the sales figures for the last month. Royal Enfield’s bikes were bought fiercely, yet its sales have seen a decline. Royal Enfield has registered a decline of 7.24 percent in sales in December 2022.

Royal Enfield Sales December 2022: Royal Enfield is the number one company in the 350 cc segment. The top 5 best selling bikes in this segment are from Royal Enfield. Now the company has released the sales figures for the last month. Royal Enfield’s bikes were bought fiercely, yet its sales have seen a decline. Royal Enfield has registered a decline of 7.24 percent in sales in December 2022.

Last month, the company sold 68,400 units, including domestic sales of 59,821 units and exports of 8,579 units. Apart from the overall decline of 7.24 per cent, there has been a decline of 8 per cent in domestic sales.

The top selling 350cc motorcycles from Royal Enfield include the Classic, Hunter, Bullet, Electra and Meteor. Even on a MoM basis, the company saw a decline of 9.03 per cent in domestic sales from 65,760 units sold in November 2022. While exports have increased by 71.37 percent as compared to 5,006 units in November 2022.

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Such is the annual report
Royal Enfield sales have increased with 1,57,652 units in the second quarter (April, May and June) of 2022. This is 50.61 percent more than the 1,04,677 units sold in the second quarter of 2021. Every month except December 2022 has seen positive sales. Third quarter sales increased by 73.37 percent, while fourth quarter sales increased by 34.18 percent. Overall, in the year 2022, the company’s sales increased by 27.72 percent to 7,03,166 units.

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