Page 3 - Royal Enfield

Eicher Motors Q1 FY25 results: Net profit rises 20% to Rs 1,101 crore

Royal Enfield has witnessed a good start to FY25. Our diverse product range strengthened our position in the mid-size segment across the globe

Royal Enfield maker Eicher Motors sets up Dutch unit for EU expansion plan

The business is growing quickly in the EU and the new warehouse will cut lead times to two weeks from 90 days currently, Gopal added

Eicher Motors rallies 4% after UBS upgrades stock to 'Buy', sees 29% upside

The brokerage is upbeat on the company's prospects due to promising growth outlook of Royal Enfield

Royal Enfield wholesales increase 6% in February, exports rise 13%

Motorcycle maker Royal Enfield on Friday reported a 6 per cent year-on-year increase in wholesales to 75,935 units in February. The company, a part of Eicher Motors, had dispatched 71,544 units in the same month last year. Domestic sales were at 67,922 units last month as against 64,436 units in the year-ago month, a growth of 5 per cent, Royal Enfield said in a statement. Exports rose 13 per cent to 8,013 units compared to 7,108 units in February 2023, it added. "Over the last few months, while our new motorcycle launches have done exceedingly well, our existing motorcycles have also contributed to our strong growth momentum across bookings and retails," Royal Enfield CEO B Govindarajan said. "As we come to the close of the financial year, we are confident of a strong and healthy overall performance, and believe that we can continue this momentum for the next year as well," he said.

Harley-Davidson, Triumph blaze a trail, give Royal Enfield a tough ride

Make waves in above 350cc segment, growing demand spurs production growth

Royal Enfield partners with K-Rides Motosiklet to enter Turkiye market

Mid-sized motorcycle maker Royal Enfield on Friday announced its foray into the Turkish market through a distribution partnership with K-Rides Motosiklet ve Bisiklet San. ve Tic. A.S., a subsidiary of Kibar Holding. K-Rides Motosiklet ve Bisiklet San. ve Tic. A.S. will be the official distributor partner in Turkiye. The first flagship store is set to open in Istanbul this spring, Royal Enfield said in a statement. Through the partnership a lineup of motorcycles including Bullet, Classic, HNTR, Meteor, Super Meteor, Interceptor, Continental GT, the new Himalayan and the Shotgun, featuring engine displacements of 350cc and 650cc will be sold in the country, it added. "We are confident in their knowledge and deep understanding of the Turkish markets and with this association Royal Enfield will further strengthen its presence in the region's mobility sector," said Royal Enfield Chief Commercial Officer Yadvinder Sing Guleria. Kibar Holding Chief Corporate Development Officer Gokhan ..

Royal Enfield sales rise 2% at 76,187 units in Jan, exports decline

Motorcycle maker Royal Enfield said on Thursday its total vehicle sales grew 2 per cent year-on year to 76,187 units in January 2024. The company had sold a total of 74,746 motorcycles in January 2023. The domestic sales were up 4 per cent at 70,556 motorcycles last month compared to 67,702 units while exports declined 20 per cent at 5631 units from 7044 units in January 2023, it stated. "Our recently launched motorcycles continue to perform well across markets, and we have had a great start to the new year. We are confident that we will sustain our growth momentum for months to come," said B Govindarajan, CEO at Royal Enfield.

Jawa Yezdi Motorcycles plans to take on Royal Enfield with new 350 cc bike

Competing in the mid-capacity segment, the Jawa 350 will face off against the Royal Enfield Classic 350 (priced between Rs 1.93 to 2.24 lakh) and Honda H'ness CB 350 (ex-showroom Rs 2.09 - 2.16 lakh)

Royal Enfield to invest Rs 3,000 cr in Tamil Nadu for product development

Motorcycle manufacturer Royal Enfield, a unit of Eicher Motors Ltd, has earmarked investments of Rs 3,000 crore spread over a period of eight years in Tamil Nadu towards development of new products, the company said on Monday. The investments are expected to generate about 2,000 direct and indirect jobs in the region. As per a Memorandum of Understanding signed with the Tamil Nadu government during the Global Investors Meet here, the investments would be used to set up greenfield and brownfield projects in the region, among other things. This investment will be mainly used for the development of new products, Electric Vehicles (EVs) product development and capacity building and also additionally for any capacity enhancement for ICE (internal combustion engine), whenever required, a release from the company said. Royal Enfield CEO B Govindarajan exchanged documents with Tamil Nadu Industries Department Secretary V Arun Roy during GIM 2024 in the presence of Chief Minister M K ...

Royal Enfield faces fresh challenge from Harley in India's biker paradise

Like Triumph, US giant Harley-Davidson Inc. is also renewing efforts in India, where Royal Enfield is revered to a similar extent as Harley is in the US

Royal Enfield's total wholesales rise 13% to 80,251 units in November

Mid-sized motorcycle maker Royal Enfield on Friday reported a 13 per cent rise in total wholesales to 80,251 units in November 2023. The company had dispatched 70,766 units in the same month last year, Royal Enfield said in a statement. Domestic sales were at 75,137 units as against 65,760 units in the year-ago month, a growth of 14 per cent, it added. Exports also grew 2 per cent to 5,114 units as compared with 5,006 units in November last year, the company said. "With our recent launches we are confident that we will be able to sustain our growth momentum," Royal Enfield CEO B Govindarajan said.

Himalayan 450 set to launch today, check the latest features, prices, more

The Royal Enfield's Himalayan 450 is about to launch today, November 24, 2023. The bike comes with a Sherpa 450 engine for the first time. Here's all you need to know about it

Royal Enfield unveils Himalayan 452; gets a new engine, sleeker design

The new Himalayan will be Royal Enfield 452 will be a 451.65 cc, liquid-cooled engine which produces 40 break-horse power (bhp) and around 45 Nm of peak torque at 8,000 rpm

Harley's most affordable bike X440 delivery to begin on October 15

The bike was launched at a starting price of Rs 2.29 lakh, however, it was later raised by Rs 10,500 to Rs 2,39,500

Eicher Motors September sales: Total sales down 5%; YTD business up 16%

Sales of models with engine capacity up to 350cc also went down by about 5% as the sales went down from 74,206 units in September 2022 to 70,345 in September 2023

Royal Enfield reports increase in sales by 11% to 77,583 units in August

Mid-sized motorcycle maker Royal Enfield on Friday reported an 11 per cent rise in total sales at 77,583 units in August 2023. The company had sold 70,112 units in the same month last year, Royal Enfield said in a statement. Domestic sales were at 69,393 units as against 62,892 units in the year-ago month, a growth of 10 per cent, it added. Exports also grew 13 per cent to 8,190 units as compared to 7,220 units in August last year, the company said.

As competition intensifies, Royal Enfield launches new 2023 Bullet 350

Aimed at a global audience, the Bullet is available for bookings in India starting Friday, and retail and test rides will begin from 3 September 2023

Eicher Motor unveil 2023 Royal Enfield Bullet starting at Rs 1,73,562

Booking in India begins today, with retails and test rides starting from September 3

Royal Enfield to launch Bullet 350 today, check price, variants, and more

Royal Enfield's latest model Bullet 350 is set to launch in India today, September 1, 2023. The all-new Bullet 350 will come with a new digital-analogue instrument cluster equipped with an LCD screen

Amid competition, Royal Enfield steps on the gas to draw future road map

To come up with first EV by 2025, expects market to grow two to three-fold in the next ten years