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Hero MotoCorp to hike prices of motorcycles, scooters

01 Jul 2023 Evaluate

Hero MotoCorp is all set to make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective from July 3, 2023. The price increase will be around 1.5% and the exact quantum of increase will vary by specific models and markets.

The upward revision of the prices of motorcycles and scooters is part of the price review that the company undertakes from time to time, keeping in mind various factors like price positioning, input costs and business imperatives. Hero MotoCorp will continue with innovative financing programs to minimize the impact on the customers. The onset of monsoon in most parts of the country and overall economic indicators bode well for a growth in demand, and industry volumes are expected to pick up leading into the upcoming festive season.

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

Hero MotoCorp Share Price

5683.05 -53.95 (-0.94%)
19-Aug-2026 13:55 View Price Chart
Peers
Company Name CMP
Bajaj Auto 11642.75
TVS Motor Company 4360.65
Hero MotoCorp 5683.05
Eicher Motors 8003.45
Ather Energy 1452.60
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