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Royal Enfield Motorcycles May sales moves down by 69 pc

Royal Enfield Motorcycles May sales moves down by 69 pc

India Blooms News Service | @indiablooms | 02 Jun 2020, 04:11 pm

Mumbai/UNI: Eicher Motors has reported a decline of 69 per cent in it's Royal Enfield motorcycles sales for the month of May 2020 at 19,113 motorcycles, as compared to 62,371 units in May 2019.

The company has sold 17,543 units of models with engine capacity upto 350cc in May 2020 as against 55,833 units in May 2019, registering a drop of 69 per cent, company said in a filing with BSE.

The company has sold 1570 units of models with engine capacity exceeding 350cc during May 2020 as compared to 6538 units in May 2019, a drop of 76 per cent.

Exports stood at 684 units in May 2020 as against 2160 units in May 2019, a decline of 68 per cent

Subsequent to the Government's directives with regards to resumption of business activities, Royal Enfield resumed operations at its manufacturing facilities starting May 6, 2020. Production activities were started in a gradual and partial manner at the Oragadam facility. The company started the second shift at Oragadam towards the end of the month.

The dealerships also opened in a gradual manner. By the end of the month, nearly two-third of the dealerships are open for business. These dealerships attained nearly the pre-Covid level of bookings towards the end of the month.

Royal Enfield Motorcycles May sales moves down by 69 pc

India Blooms News Service
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