Hero MotoCorp to hike prices of its products from July 1

Prices will be revised by up to Rs 1,500, however, the exact quantum of the hike will vary from model to model.

Hero MotoCorp has announced that it plans to increase the prices of its scooters and motorcycles from July 1, 2024.

According to the company, prices will be revised by up to Rs 1,500, however, the exact quantum of the hike will vary from model to model. The bike maker also said that the price hike was necessary to offset the impact of higher input costs.

Recently, Hero MotoCorp increased its stake in Bangalore-based electric 2-wheeler brand, Ather Energy. It also is the largest shareholder in the company.

The company is gearing up to launch the all-new Destini 125. The scooter will feature several cosmetic updates but is expected to carry forward the same 124.6cc single-cylinder engine.

Source: ET Auto