Hero MotoCorp to increase prices by up to Rs 3,000

    Prices of the entire range of Hero MotoCorp two-wheelers will witness a hike

    Published On Jun 25, 2021 07:00:00 AM

    13,983 Views

    Hero MotoCorp to increase prices by up to Rs 3,000

    Hero MotoCorp has announced a price hike of up to Rs 3,000 on its motorcycles and scooters. 

    • Price hike has been attributed to increase in raw material costs 

    • The hike will partially offset commodity prices like steel and plastic

    • Hero had previously increased prices in January 2021 and April 2021

    The price hike will come into effect from July 1, 2021. The exact quantum of the price hike will depend on the model and the specific market.

    The country's largest two-wheeler manufacturer said, given the increase in price of raw materials, the cost of production has gone up. The price hike has hence been unavoidable, to partially offset the cost of commodity prices.

    The company had previously increased prices of its two-wheelers in January 2021, followed by another hike in April, citing similar reasons.

    Also see:

    Hero Passion Pro review, test ride

    Hero MotoCorp Xpulse 200
    Hero MotoCorp Xpulse 200

    ₹ 1,35,426 * on road price (New Delhi)

    FIND OUT MORE

    Copyright (c) Autocar India. All rights reserved.

    Comments
    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now
    Search By Bike Price
    Poll of the month

    The Mahindra Scorpio N prices are very close to those of the XUV700. Which Mahindra SUV would you buy?

    Scorpio N

     

    37.76%

    XUV700

     

    62.24%

    Total Votes : 3864
    Sign up for our newsletter

    Get all the latest updates from the automobile universe