Hero MotoCorp has announced that it will be hiking prices across its entire range of two-wheelers by up to Rs. 1,000, effective immediately. This hike has been announced to offset the impact of cost inflation. It is unclear how each model is affected by this price hike, as of now.
All Hero bikes and scooters to get dearer
Prices have been hiked to offset inflation
As of now, it isn’t known how the price hike affects each model specifically. Hero sells a lot of motorcycles in our country every month and it remains to be seen whether this price hike will manage to affect its sales, especially in a price-sensitive market like ours.
While Hero’s bread and butter comes from affordable and rugged commuters like the HF Deluxe and Splendor+, it has started developing bikes that target the premium end of the spectrum recently.