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Hero’s two-wheelers will become costlier from December 1, know how much will be the increase

New Delhi.
Hero MotoCorp Price Hike: Hero MotoCorp is going to give a big blow to its customers. The company is going to make the prices of its two-wheelers costlier from December 1, 2022. The company will increase its range of motorcycles and scooters by up to Rs 1,500. However, the increased prices will vary from model to model.

last chance to save

If you buy Hero two-wheelers on November 30, you will not have to pay the increased prices.

Prices had become expensive before Navratri

Earlier, India’s largest two-wheeler company had given a big shock to its customers this festive season. Hero MotoCorp made its motorcycles costlier just before Navratri. The company then increased its motorcycle lineup by Rs 1,000. The increased prices came into effect from September 22

Prices were increased in the months of January and April

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Hero had increased the prices of its motorcycles in April this year and earlier in January. Both the times the company 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. Going forward, economic indicators are favorable to increased demand, and we expect industry volumes to increase in the coming quarters.


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