Royal Enfield’s domestic sales in May 2022 were 53,525 units, compared to 20,073 units sold in May 2021
Eicher Motors Limited has released Royal Enfield motorcycle domestic sales and export figures for May 2022. The company has done well on both counts, growing 133.18 percent year-over-year and also reporting 2.39 percent growth MoM. Last month’s total sales were 63,643 units, an increase of 133.18 percent from 27,294 units sold in May 2021. This was a volume growth of 36,349 units.
Sell Royal Enfield May 2022
In domestic markets, sales increased 166.65 percent year-on-year to 53,525 units, compared to 20,027 units sold in May 2021, leading to volume growth of 33,452 units with an 84.10 percent stake. MoM sales improved 2.39 percent from 62,155 units sold in April 2022. In the same month, domestic sales declined 0.61 percent from 53,852 units sold in April 2022, while losing a share of 86.64 percent had.
Exports, on the other hand, increased 40.12 percent year-on-year to 10,118 units, compared to 7,221 units sold in May 2021 with volume growth of 2,897 units and 15.90 percent. MoM exports improved 21.86 percent from 8,303 units shipped in April 2022, leading to volume growth of 1,815 units.
Royal Enfield found more demand for its 350cc sub bikes in May 2022 compared to sales in the above 350cc segment. Sales in this <350cc segment that includes Classic, Meteor, Electra and Bullet saw sales of 53,835 units last month, up 136.80 percent from 22,734 units sold in May 2021. This was a volume growth of 31,101 units with an 84.59 percent share. MoM sales in the same segment were up 4.40 percent from 51,564 units sold in April 2022, leading to volume growth of 2,271 units.
In the above 350cc segment, Royal Enfield has the Himalayan and 650 Twins. Sales increased 115.09 percent year-over-year to 9,808 units, compared to 4,560 units sold in May 2021. This was a volume growth of 5,248 units, accounting for a share of 15.41. MoM sales declined 7.39 percent from 10,591 units sold in April 2022, leading to a volume decline of 783 units, while it had a 17.40 percent share.
Royal Enfield Upcoming Launch
Royal Enfield will launch the new Hunter 350cc later this month. It is slated to come in at Rs 1.70 lakh and spy shots that have surfaced draw attention to the fact that it shares much of its underpinnings with the next-gen Classic and Meteor 350 range.
It will also get the same engine seen on the Meteor 350 and Classic 350 with the 349cc, single-cylinder, air-cooled, fuel-injected engine with 20.4 horsepower and 27 Nm of torque mated to a five-speed manual transmission. Once launched, the RE Hunter 350cc will rival Honda CB350RS, Jawa Forty Two and soon-to-be-launched Triumph-Bajaj motorcycle.
Royal Enfield has also lined up other new launches in the 350cc and 650cc segments such as the Royal Enfield Shotgun 650, Super Meteor 650, Classic 650, Himalayan 450 and the new generation Bullet 350.