Hero MotoCorp is one of the leading two wheeler manufacturers not only in India but also in the world. The company has now once again hiked the prices of its two-wheelers. According to this, the price of each two-wheeler of Hero MotoCorp has been increased by Rs 1,000.
This new price hike is effective immediately. This is the fifth time Hero MotoCorp has hiked the prices of its two-wheelers in the last one year. At the same time, if we take the last 6 months, this is the 3rd price increase.
The price hike announced by Hero MotoCorp is applicable to all its motorcycles and scooters. As we have already mentioned, Hero MotoCorp’s two-wheelers have now been hiked up to Rs 1,000.
But how much is the exact price increase? Varies by model. It is significant here that Hero MotoCorp has announced this price hike as the festive season begins. Generally festive season is a very important one for all the automobile manufacturing companies in India.
Because during this time the car manufacturing companies can increase their sales numbers significantly. But just as the festive season is about to begin, Hero MotoCorp has drastically increased the prices of its two-wheelers.
But not only Hero MotoCorp, many other companies in India have also announced price hikes. According to this, MG Motor India has drastically increased the prices of its Aster, Hector and Hector Plus cars.
Similarly, Mahindra has increased the prices of its cars without any noise. On the other hand, Volkswagen has also announced a price hike. According to this, the prices of the cars sold by Volkswagen in India will increase dramatically from October 1.
Volkswagen has announced that prices of its cars will rise by up to 2 percent. Ahead of the festive season, many customers in India are planning to buy new vehicles. But at this time, the prices of vehicles are constantly increasing, which has worried the customers.