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Bikes

Sameer Contractor
Sep 2, 2019, 10:27 PM
Chennai-based motorcycle maker Royal Enfield reported a decline of 24 per cent in monthly sales for August 2019. The manufacturer sold 52,904 units last month, as against 69,377 units in August last year. RE's volumes have been on a consistent decline, having fallen below 50,000 units in July this year, for the first time in three years. While sales have improved month-on-month, the volumes are still alarmingly low for the company. With respect to year-to-date sales, parent company Eicher Motors reported a sale of 290,798 units between April-August 2019, a 20 per cent dip in volumes over 363,801 units dispatched during the same period last year.
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