Hero MotoCorp makes an upward revision in prices of its products, effective October 3, 2018
Deepthi | Myequity news | Date : 26-09-2018 19:00:00 IST
Hero MotoCorp, the world’s largest two-wheeler manufacturer, will make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective October 3rd, 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.
About Hero Motocorp Ltd.:
Hero Motocorp Ltd., formerly Hero Honda, is an Indian motorcycle and scooter manufacturer based in New Delhi, India. The company is the largest two-wheeler manufacturer in the world, and also in India, where it has a market share of about 46% in the two-wheeler category.