In Bangkok, Royal Enfield’s motorcycle – the Bullet, world’s oldest motorcycle in continuous production since 1932, is available at a price of THB 179,800 (Rs 345,267) for 500cc
24 Feb 2016 | 4136 Views | By Autocar Pro News Desk
Royal Enfield today launched its retail operations in Thailand, with the price announcement of its range of motorcycles, apparel and accessories and also inaugurated its first exclusive store in Thonglor, Bangkok. Royal Enfield’s first retail store in Thailand has been set up by the General Auto Supply.
In Bangkok, ...
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Royal Enfield today launched its retail operations in Thailand, with the price announcement of its range of motorcycles, apparel and accessories and also inaugurated its first exclusive store in Thonglor, Bangkok. Royal Enfield’s first retail store in Thailand has been set up by the General Auto Supply.
In Bangkok, Royal Enfield’s motorcycle– the Bullet, world’s oldest motorcycle in continuous production since 1932, is available at a price of THB 179,800 (Rs 345,267) for 500cc. Royal Enfield’s retro street model—the Classic 500 is available for THB 189,800 (Rs 364,470) and Classic Chrome for THB 198,800 (Rs 381,753). The Continental GT 535cc café racer is priced at THB 219,800 (Rs 422,078).
“Royal Enfield is today one of the most profitable automotive brands in the world and we believe that our future growth will come from our international markets such as Thailand where motorcycles are a popular medium of commuting. Our phenomenal success in India gives us the confidence to thrive in similar markets like Thailand and Indonesia, which will play an instrumental role in fuelling our growth in Asia. We see a huge potential for our evocative, all purpose, and middle-weight (250-750cc) motorcycles that will allow customers an optimum choice for upgrade”, said Arun Gopal, international business head, Royal Enfield.
With a view to become the leader in global mid-sized motorcycle segment, Royal Enfield has been expanding its global retail footprint across UK, Europe, Latin America, Middle-East and now in South East Asia, with its most recent launch in Indonesia. Royal Enfield announced its entry into Thailand, the fifth largest two wheeler market in the world in December 2015, at the Thailand International Motor Expo.
“As part of our international strategy, we are focused on building the brand and creating demand in nodal cities across the world such as London, Bogota, Medellin, Dubai, Madrid, Paris, Jakarta and now Bangkok. We are working to create a robust eco-system comprising of highly differentiated retail experience and aftermarket capabilities, rides and community events and other adjacencies that bring to life the heritage and world of Royal Enfield. We believe that once we are successful in Bangkok, our brand and products will resonate very well in other key Thailand cities as well,” Gopal added.
The 1,190 square feet store creates an ambience of motorcycle enthusiast’s living room by featuring an interesting visual merchandising format, comfortable sitting spots in several corners, and innovative product displays, which include a wall display of a stripped down Continental GT showcasing the bike’s internals and frame. The store will house not only Royal Enfield’s motorcycle range, but also its complete range of apparels and accessories, including purpose-built protective riding gear and lifestyle gear. The space of store has been designed not just as a point of purchase but also a meeting point for enthusiasts to have conversations around motorcycling.
The 3,685 square feet retail outlet located at 842 SoiSukhumvit 55 (Thonglor), Sukhumvit Road, KlongtanNua, Wattana, Bangkok, a full-service dealership by General Auto Supply, is equipped to provide service and aftermarket capabilities. Royal Enfield will work closely with General Auto Supply to bring a differentiated experience for motorcycle enthusiast in the region, it said.
The iconic motorcycle maker has plans to produce up to 900,000 motorcycles by end of 2018, from two of its existing manufacturing facilities and a third upcoming facility, in Tamil Nadu, India. With a view to become the leader in the global mid-sized motorcycle industry, Royal Enfield is also building two new technology centres - one in India and one in UK, to enhance capability and execute long term product strategy. Royal Enfield recently announced its entry into Brazil along with the launch of its first subsidiary outside India in North America.