Hero MotoCorp Price Increased: Hero MotoCorp has made its two-wheelers costlier in the last month of the year, giving a big blow to its customers. Hero has increased the prices of its entire range of motorcycles and scooters. The company had already informed about it. Hero has increased the prices of its two-wheelers by up to Rs 1,500. However, the increased prices vary from model to model.
last chance to save
Let us tell you that earlier this festive season, India’s largest two-wheeler company had made the prices of its motorcycles expensive, giving a big blow to its customers. Just before Navratri, Hero MotoCorp increased the prices of its motorcycles by Rs 1000. The increased prices came into effect from 22 September.
Prices were increased in the months of January and April
Hero had increased the prices of its motorcycles in the months of April and January this year ahead of the festive season. Both these times Hero had increased the prices of its motorcycles by Rs 2000-2000.
Why are prices getting expensive?
Hero MotoCorp Chief Financial Officer (CFO) Niranjan Gupta said, “The need to increase the prices of our motorcycles and scooters has become imperative considering the overall inflationary cost. We will continue to provide innovative financial solutions to minimize the impact on customers. We have also initiated accelerated savings programs, which will help us offset any further cost impact and improve margins.”
Note- Till the time of publishing the news, the company has not updated the new prices of its motorcycles and scooters on the website. We will bring you an updated price list of all Hero two-wheelers as soon as the new prices are updated.