Hero MotoCorp to hike prices by up to ₹2,000 from January

PTI New Delhi | Updated on December 09, 2019

A representative image.   -  Bloomberg

Two-wheeler market leader Hero MotoCorp on Monday said that it will increase prices of its motorcycles and scooters by up to ₹2,000 from January.

The price hike will be across range of two-wheelers and the exact quantum of the hike will vary on the basis of model and specific market, Hero MotoCorp said in a statement.

It, however, did not specify reasons for the plan to hike prices.

The company currently sells a range of motorcycles and scooters priced between ₹39,900 and ₹1.05 lakh. Last week, the country’s largest car maker Maruti Suzuki India had announced that would hike prices of its vehicles from January to offset rising input costs.

Published on December 09, 2019

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