Hero MotoCorp has reduced the prices of models across its product portfolio in most of the states with effect from July 1, 2017. This step has been taken by the company with a view of passing on the benefit of GST to its customers. The quantum of reduction ranges from Rs 400 to Rs 1800 on mass-selling models. The actual benefit varies from state to state, depending on the pre and post-GST rates.
Some of the premium segment models would see a reduction of up to Rs 4000 in certain markets. In one or two states, such as Haryana, where the pre-GST rates were lower than the post-GST rate, the prices of a few models may go up marginally.
Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The Company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10710.85 |
| Hero MotoCorp | 5321.50 |
| TVS Motor | 3692.45 |
| Eicher Motors | 7300.10 |
| Ather Energy | 915.00 |
| View more.. | |
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