Automobile company Royal Enfield, which makes mid-sized motorcycles, has decided to enter pre-owned business, through a new format of showrooms under the brand 'Vintage'.
The Eicher Motors-controlled Royal Enfield will be the first two-wheeler maker in the 250-750cc segment to enter the pre-owned business. Shaji Koshy, the company’s head of India Business, said Royal Enfield was constantly working towards offering new experience and formats to its customers.
The company has observed healthy demand for refurbished and pre-owned Royal Enfield motorcycles, and believes that this business would continue to grow. It is aiming to open 10 Vintage stores across the country