highlights
All Hero MotoCorp vehicles have had their prices increased.
The company cites the switch to OBD 2 as the reason for this.
Previously, the company had increased the price of the electric scooter Vida.
New Delhi. Hero MotoCorp has suddenly dealt its customers a serious blow. If you are also planning to buy Hero’s motorcycle or scooter, you need to save more money now. Hero MotoCorp has announced a price increase for its vehicles. The company has said in a statement that prices will increase from July 3. According to the company, according to the standards of BS6 Stage 2, i.e. OBD2, all bikes and scooters manufactured after April 1, 2023 have undergone some changes, which has also increased prices.
According to Hero MotoCorp, customers must now pay a 2 percent increase in the ex-show price when purchasing the company’s motorcycles and scooters. The company states that this increase has decreased significantly and that it is working to reduce the economic burden of the change.
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had made progress before
Shortly before, Hero had also increased the price of its electric scooter Vida. This was due to the company cutting Fame 2 funding. However, during this time almost all companies had increased the prices for their electric scooters. At the same time, the company had increased the prices of Vida V1 Pro by about 6,000 rupees. After the rise in price of electric scooters, there has also been a certain drop in their sales.
What did the company say?
Currently, Hero MotoCorp has stated in its statement that sales in rural areas have increased, which is a very good sign. At the same time, the company assumes that demand will increase in the coming Christmas season. The only reason given by the company for the price increase was the change in the OBD-2 switch. At the same time, the company said that after the price increase, it would continue to take financial measures to relieve customers. Notably, Hero MotoCorp has increased prices on its bikes and scooters for the second time in the last year.
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Tags: car news, bike news, Hero Motocorp, heroic splendor
FIRST RELEASED : Jul 3, 2023 at 9:54 am IST