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Will Hero Splendor become expensive? Company announced to increase the price from December

 

Image Credit source: File Photo

India’s most popular and best selling motorcycle Hero Splendor (Hero Splendor) The prices may increase soon. Its maker Hero MotoCorp (Hero MotoCorp) Said on Friday that the company is going to increase the prices of motorcycles and scooters from December 1. This increase can be up to Rs.1500.

Hero MotoCorp has clearly stated that the increase in prices will depend on different models and markets. That is, a motorcycle of the company can be expensive by Rs 1500 in one market and up to Rs 1300 in another market.

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best selling splendor

Hero Splendor is the best selling motorcycle in the country. Every month the company sells lakhs of its units. In October 2022, the company has sold 2.61 lakh units of it. Earlier, it sold 2.90 lakh units in the month of September and 2.86 lakh units in August. The main reason for its sales being so high is its mileage. Hero Splendor Mileage Is.

The company claims that this motorcycle gives a mileage of 80.6 km in one liter of petrol. Its average mileage even on city roads (Hero Splendor Average Mileage) 60-65 km per liter is. Therefore, amidst the ever-increasing prices of petrol, this motorcycle gives some relief to the pockets of the common people.

Due to this rising prices

According to PTI news, the company’s Chief Financial Officer Niranjan Gupta says that it has become mandatory to increase the price of motorcycles and scooters. Due to inflation, the cost of different components of vehicles has increased, hence their overall making cost has increased. That’s why the price of vehicles is being increased.

Company will continue to provide financial option

Hero MotoCorp says that the company will continue to provide unique financing solutions to its customers, so that the impact of rising vehicle prices on customers can be reduced.

The country’s largest two-wheeler company says that it has also started a saving program to reduce the impact of rising costs in the coming times. The company is hopeful that the demand will also increase in the coming times, as economic indicators are pointing in this direction.

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