More than half-a-million bikes in a year – Royal Enfield's best financial results ever
by
Classic Bike Hub UK
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After opening a new Royal Enfield store at Mitcham, Surrey, last year, RE’s CEO Siddhartha Lal (left) attended the Goodwood Revival meeting where an authentic 1960s RE dealership was housed in a marquee. Maurice Mumford (right) who worked at RE’s Westwood plant in the 1950s, was there to offer advice as mechanics fettled a 1949 Model G in front of the crowds.
Between April 2015 and March 2016, the firm sold a staggering 508,099 motorcycles against 331,169 in the same period last year – a growth of 53.4 %.
In the three months to March, Royal Enfield also posted its best-ever quarterly performance by selling 148,185 motorcycles, representing 59.6% more than the 92,845 machines it sold in the same quarter in 2015.
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The Classic Bike Hub gives you news, views, features and reviews from the UK’s biggest classic motorcycle magazines. It is the essential website and app for any classic motorcycle lover. From the sump to the handlebars, we cover everything from pre-war and off-road machines all the way to modern classics. Collating content from Classic Bike Guide, The Classic MotoryCycle, Classic Motorcycle Mechanics, Old Bike Mart, Classic Racer, RealClassic and Classic Dirt Bike, there is no other place for classic bike news, archives and reference material.
