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Royal Enfield To Launch The New Bullet 350 In Coming Months - Competition Heats Up

10 months ago 46

bredcrumb

Published: Tuesday, July 11, 2023, 15:35 [IST]

When it comes to motorcycles, Royal Enfield holds a special place in the hearts of riders across India. With its iconic designs and legendary reputation, Royal Enfield has become more than just a brand - it symbolizes freedom, adventure, and a way of life.

Royal Enfield offers a diverse range of motorcycles catering to different preferences and riding styles, including adventure tourers like the Himalayan, the powerful Interceptor and Continental GT models, and the renowned Classic and Standard models.

Like the latest Classic 350, the upcoming Bullet model is scheduled to receive a new engine and redesigned body. However, Royal Enfield intends to maintain its distinctive form factor and character, solidifying its position within the brand's lineup amidst the growing influx of competitors.

As of now, bike makers like Jawa, Yezdi, and Honda have struggled to make an impact on Royal Enfield. Royal Enfield has kept its consistency in sales and has a stronghold on the market, and this competition arrives at a time when Royal Enfield has its highest success rate.

In FY23, Royal Enfield accounted for one out of every three vehicles sold above 125cc. Despite facing new competitors, the company raised its market share by 710 basis points, reaching 32-33 per cent.

Its latest entry-level model, the Hunter, has got off to a very good start and has brought in a lot of first-time young and new buyers to the brand, even though the brand's core pillar of Classic has weakened a bit.

Royal Enfield's newest entry-level model, the Hunter, is gaining good traction among young and new buyers. However, there is a slight decline in the brand's most popular Classic model. Launching the new Meteor, the Classic, and Bullet is expected to bridge the gap.

Autocar Professional states, "Bullet will retain its signature look, sound, and character. It will be a nice mix of man and machine, rational, rugged, durable, rock solid, and given the new architecture, the prices may marginally increase by Rs 10,000 to 12,000."

The new Bullet's architecture and design will be based on a new chassis, wider front tyres, and better brakes for stability and stopping power. There will be a small digital instrument cluster, an updated aesthetic, and a better fit and finish.

Thoughts On The New Bullet 350

With new premium players in the market, Royal Enfield has to develop some killer strategies to safeguard their dominance in the 350cc segment. It will take a lot of work for the bike maker as they face tough competition against the newly launched Harley Davidson and Triumph.

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