- Technology Week 49, 2021 Launch Roundup: Samsung Galaxy A13 5G, HONOR 60 Pro, TECNO CAMON 18T, Moto G31, And More
- Lifestyle Omicron: Is It Too Soon To Panic About Existing COVID Vaccines And The New Variant?
- Movies Bigg Boss 15 December 5 Highlights: Shamita Apologises To Abhijit; No Elimination Takes Place This Week
- Sports Odisha CM Naveen Patnaik lauds successful completion of FIH Hockey Men's Junior World Cup
- News India's Omicron tally rises to 21 with 17 new cases
- Finance RBI Monetary Policy Committee Meet, December 6-8: Will RBI Hike Reverse Repo Rate?
- Education UPSC Geo Scientist Final Result 2021 Declared, Steps To Check Combined Geo-Scientist Exam Final Result
- Travel Budget Friendly Winter Places To Visit Around Dispur
TVS Motor Company has hiked prices of the Apache and a few other scooters in its line-up. This is because of an increase in input costs. With this TVS has joined other manufacturers who had previously increased prices of its models.
When asked for the reason for the hike, almost all manufacturers had only one answer: Input cost increase. It is found out that prices of essential commodities for manufacturing automobiles have gone up by a significant margin and this has clearly reflected in the price tag of the finished product.
TVS Motor Company is one of India's top two-wheeler manufacturers and its products have always been top-notch. Now, the brand has hiked its prices due to an increase in the cost of raw materials.
TVS has hiked the prices of its vehicles by up to Rs 5,000 depending on the model and variant. The least price hike in the TVS two-wheeler lineup was received by the brand's family-friendly scooter, TVS Jupiter. The standard variant received a price hike of just Rs 736. However, the ZX variant of Jupiter received a rather steep price hike of Rs 2,336.
In the Apache lineup, the lowest price increase was received by the Apache RTR 160, whose price was hiked by Rs 3,000. While the maximum price hike of Rs 5000 was received by the Apache RR310.
Thoughts On TVS Scooters & Bikes Getting A Price Hike
Though a price hike between Rs 700 and Rs 5,000 may not seem that much big on paper, these small differences can make a big difference for a prospective buyer at the time of purchase. However, one must also remember that the prices of commodities have also gone up, so in order to make sufficient profit, the manufacturer has to hike the price.