- Wealth PMS
We bring you our monthly report on the automobile sales for the month of January, 2017. You can catch all the January Sales here. You can also find all the coverage in relation to the automobile sector here.
Making himself available at Davos 2017, here is an excerpt from Siddhartha Lal’s interview with CNBC.
New launches for FY18 would include revisions of the current model as seen in the case of the Classic range. Also company would focus on expansion in international (Brazil, Argentina, Indonesia etc.) and improving the brand image. This means leading the middle weight category in the world in the next 5 years and dominating the category in the next 10 years. This mostly comes at the RE banks on the current young population that looks to switch from a daily commuter bike to a bike that can be used for both community and leisurely riding.
RE reported sales of 59,676 units in January, 2017 against 47,710 units during the same time last year resulting in a growth of 25.1%.
Note: Sales numbers presented here are manufacturer reported sales numbers i.e. factory dispatches to dealerships. They are NOT retail sales figures to end customers.
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