The company’s exports have seen an astonishing increase of 90 percent on a yearly basis. On the other hand, if we talk about the domestic market sales of Royal Enfield, in July 2022, the company has registered sales of 46,259 motorcycles, which is 18 percent more than the same month last year.
Compared to June 2022 sales, Royal Enfield’s overall sales in May 2022 fell by 9.3 per cent, from 61,407 units in June to 55,555 units in the month of July. Sales in the domestic market also declined as the company sold 50,265 motorcycles domestically in June 2022.
In July 2022, domestic sales were 46,259 motorcycles. Royal Enfield has reported a similar decline in exports to overseas markets, with a month-on-month figure of nearly 19 per cent decline in July 2022.
Royal Enfield sold 11,142 motorcycles in June 2022 as compared to 9,026 motorcycles shipped in overseas markets in July 2022. For your information, let us tell you that Royal Enfield also hosted some notable events in the month of July 2022.
Royal Enfield Himalayan Odyssey made a comeback after 2 years and in its 18th edition, the ride was flagged off in Delhi on 2nd July, 2022. The ride involved 70 riders, traveling 2,700 km over a span of 18 days, to Umling La – the world’s highest motorable road and back.
Apart from this, the company is about to launch a new motorcycle, Royal Enfield Hunter 350. It is believed that this is going to be an entry-level motorcycle of the company and it will be lowered below the Royal Enfield Bullet 350. Talking about the design, it will be given the design of a roadster.
It is believed that the Royal Enfield Hunter 350 can be launched at an initial price of less than Rs 1.5 lakh. Releasing a teaser of the new Hunter 350, Royal Enfield has informed that it will be launched on August 7.
The Royal Enfield Hunter 350 will be marketed to take on the Honda CB350 RS and Yezdi Scrambler, which will attract young buyers in India.