Siddhartha Lal, Managing Director, Royal Enfield, was talking about the dealer profitability coming under pressure during the declining sales in Q4 FY19 in an analyst concall. The slowdown is an opportunity to see the strong dealerships, which are continuing to perform and hold their own," he said on May 10. We replace dealers, which are not able to rise to the right level of customer experience and sales." Royal Enfield reported sales of 197,567 motorcycles in Q4FY19, down 13% year-on-year (YoY) from 226,907 units in Q4FY18. For FY19, Royal Enfield’s sales grew only marginally to 822,724 motorcycles from 820,121 motorcycles sold in FY18.

Source: Mint May 11, 2019 08:37 UTC