Royal Enfield January sales up 43% at 28,927 units

 

Eicher Motors on Monday said its motorcycle division Royal Enfield reported a 43 per cent jump in total sales in January at 28,927 units as against 20,232 units in the same month last year.

During January 2015, the number of motorcycle units exported jumped by 82 per cent to 770 units as against 424 units in January 2014.

The company said the sales of its vehicles with engine capacity up to 350cc increased by 46 per cent at 25,799 units against 17,639 units in the same period a year ago.

The sales of its vehicles with engine capacity exceeding 350cc increased by 21 per cent at 3,128 units as against 2,593 units in January last year. 

Royal Enfield sales up 43% in January

Domestic sales also surged by 42 per cent.

Two-wheeler maker Royal Enfield today reported 43 per cent jump in total sales in January this year at 28,927 units as against 20,232 units in the year-ago period.

Domestic sales also surged by 42 per cent at 28,157 units last month as against 19,808 units in January 2014, the company said in a statement.

Exports during the month stood at 770 units as against 424 units last year, up 82 per cent.

Toyota domestic sales 16% up, Royal Enfield sales rise 42 per cent

 

Toyota Kirloskar Motor on Sunday said it has registered a growth of 16 per cent in first month of the year, selling 12,650 units in the domestic market. 

The company had sold 10,910 units in January 2014, it said in a statement. “The growth of 16 per cent is also credited to the launch of the New Innova and all-new Fortuner 4X4 AT, in early January,” N Raja, Director and Senior Vice President (Sales and Marketing) at the company said.

Toyota also registered an increase of 15 per cent in total sales (including exports) at 14,364 units in January 2015 as opposed to 12,440 units sold in the year-ago month.

However, Mr. Raja said the effect of the increased prices on account of excise duty hike, is impacting the market. 

“We hope the government would reconsider the excise duty concessions in the upcoming Fiscal Budget, to achieve sustained growth in 2015.

 In line with the 'Make in India' campaign, structural reforms for the automobile sector are essential at this point in time,” he added.

Meanwhile, two-wheeler maker Royal Enfield reported 42 per cent jump in domestic sales at 28,157 units in January this year, compared to 19,808 units in the year ago month. 

The company’s total sales stood at 28,927 units in the last month, up 43 per cent from 20,232 units in January 2014. Exports stood at 770 units, up from 424 units in the year ago period.