Motorcycle gross sales, on the entire, have been wanting up over the previous couple of years. While a few of that has to do with the pandemic, even the easing of pandemic restrictions doesn’t appear to have slowed issues down considerably for some OEMs. Take Royal Enfield, which simply reported its gross sales numbers for June, 2022.
Just what number of Enfields offered worldwide in June? The storied Indian model moved 61,407 new bikes over the course of the month, in all of its markets across the globe. A 12 months in the past, in June, 2021, it offered 43,048 bikes in the identical month. That’s a 43 p.c change, which is definitely spectacular sufficient by itself.
However, the information will get even higher should you’re taking a look at it in quarterly increments. From April to June, 2022, Royal Enfield moved 187,205 bikes worldwide. In the identical time interval in 2021, the overall worldwide gross sales quantity was 123,640. Overall, that’s a 51 p.c improve in 2022, year-on-year. If Enfield is celebrating numbers like that, we definitely don’t blame it.
While the majority of Enfield’s gross sales proceed to be in its dwelling market in India, worldwide gross sales have additionally been on the rise. For June, 2022, Enfield offered 11,142 bikes internationally, as in comparison with 7,233 bikes in June, 2021. That’s a 54 p.c improve in month-to-month worldwide gross sales, year-on-year.
International gross sales additionally did higher for the entire of Q2 of 2022, as effectively. From April by means of June, 2022, Enfield noticed whole worldwide bike gross sales of 29,563. Over the identical time interval in 2021, gross sales have been solely 18,963 bikes worldwide. That’s a 56 p.c improve, year-on-year.
Breaking down whole international gross sales into two displacement classes additionally exhibits important progress. In June, 2022, Enfield offered 50,405 bikes within the 350cc-and-under displacement class. Contrast that with June, 2021 gross sales of 37,258 sub-350cc bikes, and that’s a 35 p.c improve. It will get even higher pulling out to a Q2 2022 overview within the class, with April by means of June, 2022 gross sales of 155,804 sub-350cc bikes, as in comparison with simply 106,553 gross sales in the identical class for a similar interval in 2021, representing a 46 p.c improve in 2022.
Bigger bikes—these with displacements over 350cc—additionally noticed positive aspects. In June, 2022, Enfield marked down 11,002 worldwide gross sales of these bikes. Meanwhile, in June, 2021, the OEM moved simply 5,790 bikes over 350cc—which marks a staggering 90 p.c YoY improve. Quarterly gross sales within the phase, too, additionally noticed almost as-impressive positive aspects. From April by means of June, 2022, Enfield offered 31,401 bikes over 350cc, as in contrast with simply 17,087 bikes in Q2 of 2021. That’s an 84 p.c improve.