Click it and Unblock the Notifications
Latest News
-
Chrysler Pacifica Marks Seven Years As Most Awarded Minivan With New Campaign -
Nissan Magnite Achieves 1 Lakh Unit Sales Milestone: Consistency Helps -
Log9 Unveils Amphion & Nexmile – Revolutionizing EV Asset Management -
2025 Cayenne GTS Unveiled: V8 Power And Advanced Dynamics In New Porsche Models -
Vanessa Williams Moderates Panel To Support Parkinson’s Awareness With Drive Toward A Cure -
India's Car Exports Surge In 2023-24: Maruti Suzuki Leads The Way -
2024 Isuzu D-Max V-Cross Facelift: What To Expect From The Latest Updates -
Suzuki Access Electric To Electrify The Indian Scooter Market By 2024 -
Bajaj Pulsar 400 Teaser Out – Launch Date & Other Details -
Tata Motors Rolls Out New Bi-Fuel Tata Magic Van, Aiming At Eco-Friendly Transportation
Hero MotoCorp Increases Prices Of Its Scooters And Motorcycles
To offset rising input cost, Hero MotoCorp has increased prices ranging from Rs 500 to Rs 2,000 across its product lineup.
Hero MotoCorp, India's largest two-wheeler manufacturer, has increased prices across its portfolio to offset rising input cost.
The price increase range from Rs 500 to Rs 2,000 effective from May 1, 2017. In a statement, the company said, "The company raised the prices-ranging from Rs 500 to Rs2,200-across different models to partially offset the commodity cost increases, effective from 1 May,"
The company sells a range of two-wheelers beginning with the entry-level HF Dawn to the top-of-the-line Karizma ZMR. These range from Rs 40,000 to over Rs 1 lakh.
During April 2017, the company dispatched 5,91,306 units of two-wheelers, 3.49% down from 6,12,739 units in the corresponding month last year.
"With the ongoing marriage season, the company expects to maintain the trend of robust retail sales in May," the two-wheeler major said.
Hero MotoCorp is on an expansion mode with new manufacturing facility being opened outside of India. Countries like Brazil and Columbia are its next market which it looks to target.
{promotion-urls}
