Hero MotoCorp is planning to make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective October 3, 2018. The revision has been necessitated by the increasing commodity costs and currency depreciation.
The price hike will translate to an increase of up to Rs 900, although the exact quantum of the increase will vary, basis the model and the specific market.
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.