Eicher Motors expects significant drop in sales

Royal Enfield’s (RE) volumes have contracted for the past six quarters in a row. The total volume for FY20 fell by 15.6% to nearly seven lakh units. It further skidded by 85% to 19,204 units in the first two months of the current fiscal. Analysts expect a drop of 15-20% for the full year, which will result in a five-year low annual volume.

from Auto-Industry-Economic Times https://ift.tt/3fL5KsF