[India] - Hero MotoCorp to increase its two-wheeler costs by 1.5%

INSUBCONTINENT EXCLUSIVE:
Hero MotoCorp recently announced that it will increase the prices of its motorcycle and scooters from July 3, 2023
The company said that the price hike will be around 1.5 percent and the percentage will vary depending on the models and markets
The two-wheeler manufacturer said, "The upward revision of the prices of motorcycles and scooters is part of the price review that the
company undertakes from time to time, keeping in mind various factors like price positioning, input costs and business imperatives," in an
official statement
Further, it added, "Hero MotoCorp will continue with innovative financing programs to minimize the impact on the customers
The onset of monsoon in most parts of the country and overall economic indicators bode well for a growth in demand, and industry volumes are
expected to pick up leading into the upcoming festive season."Hero Xtreme 160R 4V Review: What makes this pocket rocket fastest in segment?
| TOI AutoIn other news, Hero MotoCorp launched its updated 160cc motorcycle, the Xtreme 160R 4V in the Indian market at a starting price of
Rs 1.27 lakh (ex-showroom, Delhi)
At it heart, the 2023 Hero Xtreme 160R 4V is powered by a 163cc single-cylinder, air and oil-cooled engine, which generates a peak power of
16.3 hp and a max torque of 14.6 Nm
The engine is mated with a five-speed gearbox.Furthermore, the two-wheeler manufactuer is also developing a new motorcycle, the
Harley-Davidson X440 in collaboration with Harley-Davidson
The X440 will likely use an 440cc single-cylinder oil-cooled engine, paired with a six-speed gearbox
Slated to launch on July 4, the Harley-Davidson X440 motorcycle is expected to be priced from Rs 2.5 lakh (ex-showroom).Check out the images
of the upcoming Harley-Davidson X440 here!Stay tuned with TOI Auto for more updates on the automotive industry and subscribe to our YouTube
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