The iconic Indian motorcycle manufacturer Royal Enfield sales are released for May 2024. The company’s overall sales declined to 71,010 units or -8% compared to the same month last year. Moreover, based on YTD, Royal Enfield increased by 2% and sold 1,52,880 bikes in 2024.
Royal Enfield | May | YTD | ||||
2024 | 2023 | Growth | Apr-24 to May -24 | Apr-23 to May-23 | Growth | |
<350cc | 59,852 | 69,038 | -13% | 1,32,718 | 1,33,766 | -1% |
>350 | 11,158 | 8,423 | 32% | 20,162 | 16,831 | 20% |
Domestic | 63,531 | 70,795 | -10.26% | 1,38,569 | 1,39,676 | -0.79% |
Export | 7,479 | 6,666 | 12% | 14,311 | 10,921 | 31% |
Total | 71,010 | 77,461 | -8% | 1,52,880 | 1,50,597 | 2% |
In May 2024, Royal Enfield sold 63,531 units in domestic sales, marking a 10.26% decrease compared to May 2023's sales of 70,795 units.
In YTD 2024, Royal Enfield sold 1,38,569 units domestically, a 0.79% decline over the previous sales of 1,39,676 units. Notable models contributing to sales include the Classic 350, Bullet 350, Hunter 350, and Meteor 350, which are popular among Indian consumers.
Royal Enfield exported 7,479 units in May 2024, exhibiting a 12% increase from May 2023’s 6,666 units. However, there was a 31% increase in YTD, which saw shipments of 14,311 units this year.
Before you go, don’t forget to check out the recently launched Kawasaki Ninja ZX-4RR bike.
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