scorecardresearchLooking to buy a bike this Diwali? Bad news as Hero MotoCorp hikes two-wheeler

Looking to buy a bike this Diwali? Bad news as Hero MotoCorp hikes two-wheeler prices by up to 1,000

Updated: 23 Sep 2022, 07:41 AM IST
TL;DR.

Hero MotoCorp sells a variety of motorcycles and scooters ranging from entry level bike 'HF 100' priced at 55,450 to XPULSE 200 4V priced at 1.36 lakh (ex-showroom Delhi).

New Delhi: Vice President Jagdeep Dhankhar with Hero MotoCorp CEO Pawan Munjal during the 16th BML Munjal Awards, in New Delhi, Tuesday, Sept. 13, 2022. (PTI Photo/Arun Sharma)(PTI09_13_2022_000230A)

New Delhi: Vice President Jagdeep Dhankhar with Hero MotoCorp CEO Pawan Munjal during the 16th BML Munjal Awards, in New Delhi, Tuesday, Sept. 13, 2022. (PTI Photo/Arun Sharma)(PTI09_13_2022_000230A)

(PTI) Hero MotoCorp on Thursday said it has increased prices of its two-wheelers by up to 1,000 to partially offset the impact of cost inflation.

In a regulatory filing, the company said, it has made an upward revision in the ex-showroom prices of its motorcycles and scooters, with immediate effect.

"The price revision has been necessitated to partially offset the impact of cost inflation," it said, adding, the hike "will be up to 1,000 and the exact quantum of increase will vary by model and market".

Hero MotoCorp sells a variety of motorcycles and scooters ranging from entry level bike 'HF 100' priced at 55,450 to XPULSE 200 4V priced at 1.36 lakh (ex-showroom Delhi). 

First Published: 23 Sep 2022, 07:41 AM IST