Eicher sees higher Royal Enfield sales in 2009, 2010

Newswire

NEW DELHI, Aug 28 (Reuters) - Eicher Motors hopes to sell up to 48,000 Royal Enfield motorcycles during the year to December, up from about 43,000 last year, its chief executive said on Friday. Siddhartha Lal also told reporters at an auto industry event he expected sales of 60,000 motorcycles in 2010. Lal said the company had planned capital expenditure of 1.2 billion rupees in 2009, of which 250 million rupees would go to Royal Enfield and the rest to its joint venture with Sweden's ...

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