Hero MotoCorp to hike bike, scooter costs by as much as Rs 3,000 from Jul 1
Two-wheeler maker Hero MotoCorp on Thursday mentioned it should hike costs of bikes and scooters by as much as Rs 3,000 from July 1 to partially offset the steadily rising general price inflation, together with commodity costs.
In a regulatory submitting, the corporate mentioned, “The exact quantum of increase will be subject to the specific model and market”.
The firm additional mentioned, “The price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices”.
Hero MotoCorp sells a variety of fashions, starting from entry-level HF100 with costs beginning at Rs 51,450, whereas Xpulse 200 4V tagged at Rs 1.32 lakh (ex-showroom Delhi).
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