Royal Enfield Bikes is the cheapest model in the market soon
Royal Enfield is proud to be the cheapest model of the line up and a new motorcycle is soon to go on sale. You can find more information about this in this article. The Indian automobile industry has been hitting the road lately. Sales of all types of vehicles, including car and two-wheeler, have been on the decline for the past few months.
Royal Enfield Bikes |
All the major auto companies have been hit hard by the slowdown in the Indian market. With sales falling so drastically, most companies are cutting production. Royal Enfield is one of the companies affected by the recession in the market. The oldest Royal Enfield motorcycles have millions of fans around the world.
Royal Enfield Motorcycles in India has a huge fan base. But now the sale of Royal Enfield bikes is not the same as before. Royal Enfield continued to record double-digit sales growth for six consecutive years. But last March, Royal Enfield's bike sales fell 20 percent. Sales fell 17 percent in April. The decline in sales continued the following month. So Royal Enfield is taking various steps to increase the sales of motorcycles. As part of this, Royal Enfield is reportedly planning to launch a new bike at a much cheaper price.
Royal Enfield Motorcycles |
Royal Enfield launched two new bike models, the Interceptor 650 and Continental GT 650, also known as the 650 Twins, for sale in November 2018. But in these 2 new models, the more powerful big engine is fitted. So these are expensive. The Royal Enfield Interceptor 650 and the Continental GT650 are two of the best selling models. But since they are both more expensive models, they don't bring in the biggest sales figures. This is why Royal Enfield is planning to introduce a new motorcycle at a cheaper price.
New Royal Enfield |
Royal Enfield is selling various models in the Indian market. Of these, the cheapest model in its current state is the Bullet 350 motorcycle. It is priced at Rs 1.21 lakh (ex-showroom, Delhi). If you want this to be an electric start, you have to spend 1.35 lakhs for the Bullet 350 ES model.
Royal Enfield is said to be launching a cheaper new variant of the Bullet 350 bike to boost sales in this environment. The new model is likely to be the cheapest bike in Royal Enfield's line-up. This new model is based on Bullet 350. It will also be based on the existing bullet platform. This will enable Royal Enfield to set a challenging price. The new motorcycle is expected to receive a different fuel tank badge.
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