Hero MotoCorp has announced that all of its models will receive a price hike, effective from January 1, 2020. While the exact increase hasn’t been revealed, the manufacturer has said that the hike will be up to Rs 2,000, depending on the model.
A month ago, Hero launched its first BS6 two-wheeler – the new Splendor iSmart – at Rs 64,900 (ex-showroom, Delhi). The new bike came with a significant price hike of Rs 7,470 over the outgoing model. While prices for the rest of Hero’s upcoming BS6 two-wheelers haven’t been revealed yet, we would expect to see a slightly lesser increase for these updated bikes, considering the January 1 price hike. Stay tuned for more details.