Royal Enfield sells 63,387 units in Dec, 350cc models sales dip by 10%

Royal Enfield has plenty of models lined up for launch for the next couple of years in the 650cc, 450cc, and 350cc.

Royal Enfield Bullet 350 feature
Royal Enfield Bullet 350

Royal Enfield has announced sales for the month of December 2023. The Chennai-based bikemaker sold a total of 63,387 units, including exports and imports, in the last month of 2023 which led to a 7% YoY decline. During the same period last year, Enfield recorded a monthly volume of 68,400 units.

Out of the total 63,387 units sold last month, 6,096 units were shipped to overseas markets. This resulted in a 29% YoY drop from 8,579 units exports during the same period last year. Royal Enfield recorded a total sales volume of 6,85,059 units between April and December 2023, resulting in a 11% increase from the corresponding period in the previous year.

During April to December 2023, Enfield exported a total of 54,786 units, a sharp 26% decline from the corresponding period the previous year.

Royal Enfield Dec 2023 sales
Royal Enfield December 2023 sales

Royal Enfield 350cc sales decline

Royal Enfield sold a total of 55,401 units in the 350cc category in December 2023, which led to a 10% YoY decline. The company registered a monthly volume of 61,223 units in December 2022. Between April and December 2023, Royal Enfield sold a total of 6,11,947 motorcycles which translated to a 13% growth.

In the segments above (411cc, 450cc, and 650cc), Royal Enfield sold a total of 7,986 units in December resulting in a 11% YoY growth. In the same period the previous year, the bikemaker sold 7,117 units.

Enfield has a plethora of models lined up for launch for the next couple of years. The company recently launched the all-new Himalayan 450 last November. The next big launch from Royal Enfield will be the Shotgun 650 which is expected to hit the market by the end of this month.

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This article was first uploaded on January two, twenty twenty-four, at twenty-two minutes past six in the evening.
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