Royal Enfield Sales Jumps by 73 percent in October 2015
Published On Nov 2, 2015 12:00 AM By Sameer Sheikh
- 909 Views
- Write a comment
With its continuous growth momentum, the Indian Automaker Royal Enfield’s sales have increased by 73 percent. In October 2015, the company sold total 44,138 units, which is 73 % higher than the sales in October 2014.
After reaching this mark, the company officials gave a statement in Bengaluru, “We have been continuing our strong sales momentum and performance in 2015. The company has posted sales of 44,138 units in combined domestic wholesale and exports in October 2015, recording a growth of 73 percent over the same period last year”.
Last month Royal Enfield India opened its exclusive showrooms in Spain (Madrid) and France (Paris). These new stores in the Europe are part of company’s expansion plan and are focused to cater international thrust in the mid-sized motorcycle segment (250-750). Now, the company has over 80 dealerships in France and 25 stores in Spain.
In French market, the India-based manufacturer has witnessed 60 percent growth in the first 7 months of 2015, as compared to the similar period in the previous year. Whereas, in a Spanish market, the company has grown by 23 percent and reported a growth of 300 percent between January and August 2015.
Also, the company is all set to bring yet another episode of Rider Mania for all the Indian riders. This is the ultimate annual motorcycle festival organised by Royal Enfield. This time, the company will make Goa abuzz with the sound of Royal Enfield Motorcycles from November 20 to November 22 Vagator Hilltop.