NewDelhi : India’s top two-wheeler maker, Hero MotoCorp has hiked the ex-showroom prices of its motorcycles and scooters, effective July 8, 2019.
“The price increase across its range of two-wheelers has been 1% (of the ex-showroom price), although the exact quantum of the increase will vary on the basis of the model and the specific market” the company said in a statement.
The company, however, has not mentioned the reason for the hike. Hero MotoCorp’s June sales has plunged by 12% to 616,526 units against 704,562 units in June 2018.