hero motocorp price hike: Hero MotoCorp to hike motorcycle, scooter prices by up to Rs 3,000 from July 1

The two-wheeler manufacturer said on Thursday it will raise the prices of motorcycles and scooters by up to Rs 3,000 from July 1 to partially offset the steadily growing total cost inflation, including commodity prices. In a regulatory filing, the company said, “The exact amount of the increase will depend on the specific model and market.”

The company went on to say: “The price revision was necessary to partially offset the steadily growing total cost inflation, including commodity prices.”

Hero MotoCorp is selling a range of models ranging from entry-level HF100 with prices starting at Rs 51,450 while Xpulse 200 4V tagged at Rs 1.32 lakh (ex showroom Delhi).

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