Festive season has started in India. In the festive season, auto companies bring affordable offers for the customers, but Hero MotoCorp is continuously increasing its prices, which is directly burdening the customers’ pockets. Hero MotoCorp is considered to be the best brand for two wheelers. Keeping in mind the needs of the middle class people, the company brings out the best models, but now the company has to increase the price to reduce the rising cost. This is not the first time that the company has decided to increase the prices of the model.
Decision taken to increase 3000 rupees
Hero MotoCorp will increase the ex-showroom prices of its motorcycles and scooters from 20 September 2021 i.e. today. The company has decided to increase the price of each model by up to Rs.3000. These hikes will be in the prices across the range of motorcycles and scooters. Further, the exact quantum will depend on the model and the market. The company in its second statement said that it has increased its two-wheelers due to rising commodity prices and the need to compensate for this increase. It has been decided to increase the prices of vehicles.
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Company increased the price for the third time
India’s largest two-wheeler maker Hero MotoCorp reported a 22% decline in overall sales at 4,53,879 units in August as compared to the same month last year. The company dispatched 5,84,456 units to its dealerships in August 2020. Was. The reason for this decline is being told to the corona epidemic. Since the crisis of Corona, there has been a huge gap in demand and supply in the country. People are unemployed and are unable to buy even the necessities. Let us tell you that this is the third time that the company has decided to increase the prices, before this the company had increased the prices in January 2021 and again in April 2021.
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