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Hero MotoCorp to hike prices of motorcycles by rs 3000
'Quantum of increase will be subject to the specific model and market'

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Price of scooter and bikes to be hiked from July 1

Move after the steadily growing overall cost inflation, including commodity prices

Updated: Sep 02, 2022 10:53

PTI

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Price of scooter and bikes to be hiked from July 1

Two-wheeler maker Hero MotoCorp said it will hike prices of motorcycles and scooters by up to Rs 3,000 from July 1 to partially offset the steadily growing overall cost inflation, including commodity prices.

In a regulatory filing, the company said, "The exact quantum of increase will be subject to the specific model and market".

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The company further said, "The price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices".

Hero MotoCorp sells a range of models, ranging from entry-level HF100 with prices starting at Rs 51,450, while Xpulse 200 4V tagged at Rs 1.32 lakh.