Page 7 - Royal Enfield

Royal Enfield launches Thunderbird model, eyes larger share of bike market

The company is bullish about its two upcoming models, the Interceptor and Continental GT

Royal Enfield unveils two new models, Interceptor and Continental GT 650

The two motorcycles were unveiled at the EICMA motorcycle show in Italy's Milan on November 7, 2017

Royal Enfield's first heavyweight bike could test Harley's India dominance

The world's biggest bike and scooter market with 18 million in the year to last March, India accounts for less than 2 per cent of Harley's global sales

Royal Enfield September sales up 22% at 70,431 units

Sales in the international market rose to 1,038 units, up 17% from the same month last year

Royal Enfield in cruise control mode

The motorcycle maker sees its scale and dominant market share as adequate buffers against Bajaj's recent challenges

Royal Enfield's August sales up 22% at 67,977 units, exports grow 12%

In the same month last year, the company had sold 55,721 units, Eicher Motors said

Royal Enfield starts commercial production at its new facility near Chennai

Royal Enfield has started commercial production from its new manufacturing facility at Vallam Vadagal near Chennai. Spread over 50 acres, the Vallam Vadagal plant will be Royal Enfield's third manufacturing facility and will manufacture Royal Enfield motorcycles for India and international markets.In 2017-18, the company plans to invest Rs 800 crores, largely towards capacity expansion at Vallam Vadagal, new products and platforms, and technical Centres in Leicester, UK and Chennai. This investment will be funded through internal accruals. In 2017-18, the combined production capacity from all the three plants is planned to be 825,000 units. In 2016-17, Royal Enfield produced and sold 667,135 motorcycles, nearing its installed capacity. In October 2014, Royal Enfield acquired a 50 acre plot in Vallam Vadagal located near to Oragadam, one of the automobile hubs of Tamil Nadu, as the site for its third manufacturing facility. The construction of the facility started 15 months back and ..

Royal Enfield starts production at Vallam Vadagal facility near Chennai

Royal Enfield acquired a 50-acre plot in Vallam Vadagal in October 2014

Royal Enfield does not need a partner, says Siddhartha Lal

The company is setting up two tech centres for product development in the UK and India

Royal Enfield sales up 25% at 60,696 units in May

Exports during month under review grew 49.34% to 2,049 units as compared to 1,372 units in May 2016

Royal Enfield identifies 4 core markets overseas, to double retail presence

Royal Enfield (RE) is planning to almost double its exclusive retail presence in the international markets as part of its expansion strategy overseas. RE has identified four core markets overseas - Tailand, Indonesia, Columbia and Brazil - which could become very large markets for the company over a period of time.Siddhartha Lal, managing director and CEO, Eicher Motors Ltd said that so far the company has opened around 25 exclusive stores overseas and plans are to add another 20-25 stores during this year. The pace of adding exclusive stores should continue as RE get into the coming year as well.During the investors call, Lal said, outside of North America, Europe and Australia, which are more mature markets which will be on a hopefully good but not exclusive growth trajectory.RE has identified four key markets - Thailand, Indonesia, Columbia and Brazil - where it would invest over the next many years. In Columbia the company has 5-6 stores, but in the rest of the countries RE only ..

Royal Enfield may acquire Ducati, say reports but co denies move

Ducati is expected to fetch around Rs 10,500 crore from the deal

Royal Enfield to invest Rs 800 crore to expand capacity

Eicher Motors is planning to invest around Rs 1,250 crore in 2017-18 both in Royal Enfield and VE Commercial Vehicles (VECV).The proposed investment of around Rs 800 crore by Royal Enfield would be towards company's upcoming manufacturing facility at Vallam Vadagal near Chennai, product development, two technical centres in UK & India and towards market expansion. The plant is expected to be operational by August 2017. With this third plant, combined capacity of Royal Enfield is expected to be 825,000 motorcycles in 2017-18. "Our immediate business outlook remains strong and Royal Enfield continues to grow consistently, competitively and profitably towards leading and expanding the mid-sized motorcycle segment globally" said Siddhartha Lal, MD & CEO, Eicher Motors Ltd.VE Commercial Vehicles (VECV) is planing to invest around Rs 450 crore in 2017-18 across all areas of its business.Meanwhile, Eicher Motors has reported a net profit of Rs 459.44 crore as compared to Rs 343.10 ...

Royal Enfield sales up 25% at 60,142 units in April

Exports during April under review grew 36% to 1,578 units as compared to 1,160 units in April 2016

Royal Enfield sales grow 25% in April

Over 60,000 units sold in April

Royal Enfield enters Brazilian motorcycle market with three models

Royal Enfield has strong presence in Colombia, another important two-wheeler market in Latin America

Eicher CEO downplays Bajaj claims, says not easy to unseat Royal Enfield

Enfield enjoys almost the entire 250-350 cc motorcycle market in country

Royal Enfield sales up 17% at 60,113 units in March

Exports during the month under review grew by 24% to 1,564 units

Royal Enfield: Eicher's unconventional CEO Lal is driving firm in top gear

Siddhartha Lal, who is now eyeing a global presence for Royal Enfiel, is BS CEO of the Year 2016

Not worried about Bajaj, says Royal Enfield chief

Bajaj's Dominar sells 3,000 units in first month, plans to reach 10,000 units by September