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Hero MotoCorp to increase prices of Motorcycles, Scooters

17 Sep 2021 Evaluate

Hero MotoCorp is all set to make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from September 20, 2021. The price hike has been necessitated to offset the impact of steadily increasing commodity prices.

The price hike across the range of motorcycles and scooters will be up to Rs 3,000. The exact quantum of increase will depend on the model and the market. With several positive indicators, the company remains optimistic about demand as it gears up for the upcoming festive season.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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