Royal Enfield recently announced that it has retailed 63,643 motorcycles in the month of May. This is much higher than the company's performance in the same period a year ago, when the company was able to sell 27,294 motorcycles, recording an increase of about 133% compared to May last year affected by Corona.
Royal Enfield, a company known for making performance bikes, further said that it has managed to sell its highest ever a number of 10,118 motorcycles in overseas markets. Due to this, the overall international annual sales growth has exceeded 40%. In terms of monthly growth also, the company managed to register positive growth in April 2022.
Taking into account the performance of YTD, Royal Enfield registered an overall growth of 56% by retailing 1,25,798 bikes. This is much higher than the 80,592 units sold in the same period a year ago.
The Classic 350 is the most popular model of Royal Enfield in the Indian market. It has also received a new generation update in 2021. It was updated with a new engine and platform borrowed from the Meteor 350 motorcycle. Royal Enfield has also recently launched Classic 350 and Meteor 350 bikes in the Malaysian market.