InvestorQ : Why is Eicher aggressively recalling its Royal Enfield motorcycles?
sara Kunju made post

Why is Eicher aggressively recalling its Royal Enfield motorcycles?

Answer
image
Mary Joseph answered.
4 weeks ago
Follow

Eicher Ltd, which literally changed its corporate fortunes with Royal Enfield Motorcycles, plans to recall nearly 236,966 units of its motorcycles across a complete range of models. This recall was necessitated due to defects in the ignition coil which result in misfiring. In extreme cases, it is apprehended that it could also result in electrical short circuit and pose a grave danger to the driver and to people nearby.

The recall will apply to some of the marquee models of Royal Enfield Motors like the Meteor, the Classic and the Bullet models. All of these models are extensively sold in India, Thailand, Indonesia, Philippines, Australia and Malaysia. The defect has been identified and directed to specific batches of materials sourced from one of the external ancillary suppliers and hence rectification should not pose a serious problem for the company.

4 Views