Hero Honda two wheelers to cost Rs. 1000 more

By Gowrish Babu

Published: Monday, June 7, 2010, 10:17 [IST]

Hero Honda, the country's largest two wheeler maker could not avoid sharing its increasing burden of commodity costs with its customers. Hero Honda due to unavoidable situations is raising its vehicle prices by Rs. 500 ,Rs. 1000 based on the models.

Hero Honda is not changing its price for splendor and the Karizma. Hero Honda Hunk and CBZ Xtreme costs Rs. 1000 more, while other models costs Rs. 500 more than the current prices.

Hero Honda's Senior Vice President Anil Dua said that the increasing steel and tyre prices are hardening and its inevitable with this price hike in the company's two wheelers. But he informed that the company is expecting the situation to improve in the near future.