From January 2022, Hero will hike the asking price of its 2-wheelers by up to Rs. 2000/-
Hero MotoCorp has announced that it will roll-out a price hike on 4th January 2022 for its entire 2-wheeler line-up.
The motorcycle and scooter manufacturer says the price revision will be up to Rs. 2000/-. Hero also mentioned in an official statement that “the exact quantum of increase will depend on the model and the market”.
According to the brand, the price hike is being rolled out to partially offset the impact of steadily increasing commodity prices.
Hero is not alone in this regard as Kawasaki has also announced that it will increase the asking price of its motorcycles from this New Year (read article here).
Unlike the Splendor maker, Kawasaki’s bikes will cost up to Rs. 23,000/- more from 1st January 2022 and more brands are expected to make similar announcements in the coming week.
Similarly, several 4-wheeler manufacturers have also announced that their vehicles will cost more from New Year, with Maruti Suzuki being among the earliest ones to do so.