Royal Enfield Reports Significant Decline in July Sales

Motorcycle manufacturer Royal Enfield reported an 8 per cent drop in total sales for July 2024 compared to the same month last year. Domestic sales fell by 7 per cent, and exports decreased by 14 per cent during this period.

Motorcycle maker Royal Enfield on Thursday reported an 8 per cent decline in total sales to 67,265 units in July 2024 as compared to 73,117 units in the same month last year.

The company's domestic sales fell 7 per cent to 61,208 units last month as compared to 66,062 units in July 2023, according to a statement.

Similarly, exports were down 14 per cent during the month under review to 6,057 units against 7,055 units in the year-ago period.