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Thursday, December 08, 2022

All models of Royal Enfield lagged behind this powerful motorcycle, its demand increased by 33% last month

Royal Enfield dominates the motorcycle with a powerful engine. There is a tremendous demand for Royal Enfield vehicles, especially in the 350cc segment. Its dominance was also seen in July 2021. In the 350cc segment, 44,521 motorcycles were sold annually with a growth of 17.06%. In its top-5, 4 models were from Royal Enfield. However, the segment saw degrowth of 4.14% in its monthly sales. The models that Royal Enfield included in this segment are Classic 350, Meteor 350, Bullet 350, and Electra 350. At the same time, Honda CB 350 did the job of giving competition to them. Honda CB 350 surpassed two models of Royal Enfield, Meteor 350 and Bullet 350. The special thing is that the CB 350 was the only motorcycle in this segment that got both yearly and monthly growth.

No.1 Classic 350
Royal Enfield’s evergreen motorcycle Classic 350 was the best-selling vehicle in the 350cc segment in July. It sold 23223 units in July. It sold 16890 units in July 2021. That is, its 6333 units were sold more with a growth of 37.50% on an annual basis. It sold 25425 units in June 2022. That is, 2202 units were sold less with degrowth of 8.66% on a monthly basis.

Meteor 350 at No.2
Royal Enfield’s Meteor 350 was the second highest selling vehicle in the 350cc segment in July. It sold 8088 units in July. It had sold 8777 units in July 2021. That is, it sold 689 units less with a degrowth of 7.85% on a yearly basis. It sold 8645 units in June 2022. That is, it sold 557 units less with a degrowth of 6.44% on a monthly basis.

Bullet 350 at No.3
Royal Enfield’s Bullet 350 was the third highest selling vehicle in the 350cc segment in July. It sold 6530 units in July. It sold 7133 units in July 2021. That is, it sold 603 units less with a degrowth of 8.45% on a yearly basis. It sold 5893 units in June 2022. That is, with a growth of 10.81% on a monthly basis, it sold 637 units more.

Electra 350 at No.4
Royal Enfield’s Electra 350 was the number four best-selling vehicle in the 350cc segment in July. It sold 3853 units in July. Its 2949 units were sold in July 2021. That is, its 904 units were sold more with a growth of 30.65% on a yearly basis. It had sold 4363 units in June 2022. That is, 510 units were sold less with a degrowth of 11.69% on a monthly basis.

CB 350 at No.5
Honda’s CB 350 was the fifth best-selling vehicle in the 350cc segment in July. It sold 2827 units in July. It sold 2285 units in July 2021. That is, its 542 units were sold more with a growth of 23.72% on a yearly basis. It sold 2120 units in June 2022. That is, its 707 units were sold more with a growth of 33.35% on a monthly basis.

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