Skip to content
  • Home
  • /
  • News
  • /
  • Hero MotoCorp Price Hike in Dec 2022

Hero MotoCorp Price Hike in Dec 2022

Rise in prices of Hero bikes and scooters is because of the prevailing inflationary situation

India’s largest two-wheeler manufacturer, Hero MotoCorp has introduced that it is going to be rising costs of its bikes and scooters from December 01, 2022. Prices might be increased by as much as Rs 1,500 and can vary based on the specific model and market.

This would be the fourth price hike for Hero bikes and scooters in 2022. The last price hike was in September, when prices have been elevated by as much as Rs 1,000. At the moment too, the reason for the price hike was stated to be rising cost inflation. Hero MotoCorp Dec 2022 price hike might be relevant to almost all their two wheelers, together with high sellers like Splendor, Passion, HF Deluxe, Pleasure, Destini, and so forth.

New Hero Splendor 125cc Canvas Black

Hero MotoCorp price hike December 2022

OEMs normally try to absorb rising cost inflation as a lot as possible, because it has potential to impact gross sales. OEMs can optimize processes and reduce manufacturing cost to deal with rising value inflation. Total, the purpose is to reduce the impact on customers. Nevertheless, at times it’s simply not possible to keep away from a price increase. That is normally done to ensure business sustainability.

As a means to cushion the impact of price hike on customers, Hero MotoCorp has stated that it’ll proceed to provide modern financing solutions. It’s more likely to embody choice of minimal down payment and competitive interest rates. There may very well be some particular provides available at the seller stage as well.

 

You May Checkout : Best Low maintenance Bike in India

 

 

Hero has also launched online exchange program, which is one other nice approach to reduce overall cost of acquisition. The exchange program covers most scooters and bikes which are lower than 15 years previous. Customers simply want to supply some particulars concerning the situation of their bike to get an on the spot quote on the exchange value. Hero’s exchange program is a superb help to these trying to purchase a new bike or improve to a larger capacity model.

To protect customers from future price hikes, Hero has launched an accelerated savings program throughout the organization. It won’t only help absorb further value impact, however will even lead to improved margins. In view of prevailing economic circumstances, Hero expects increased demand for two-wheelers sooner or later. It’s anticipating a rise in sale volumes in coming quarters.

Hero upcoming bikes

Hero has already ventured into EV space with launch of Vida electric scooter. It’s at present out there on the market in Bengaluru, Delhi and Jaipur. Different cities might be lined within the coming months. An electric bike can also be below improvement in collaboration with California (USA)-based Zero Bikes. Investments price as much as US$60 million have been allocated for Zero Bikes, which might be utilized for design and development of Hero’s first electric bike.

In ICE section, Hero is anticipated to launch Xpulse 400 and Xtreme 400S. These have been noticed on highway tests. One other main undertaking is a brand new 350cc bike being developed in collaboration with Harley-Davidson. The bike is at present in advanced stage of development. It can have Harley’s signature design aesthetics and sold through Harley dealerships. It will primarily rival Royal Enfield 350cc bikes.

 

Find Bike Dealers and Showrooms in Your City

Hero MotoCorp Price Hike in Dec 2022

Rise in prices of Hero bikes and scooters is because of the prevailing inflationary situation

India’s largest two-wheeler manufacturer, Hero MotoCorp has introduced that it is going to be rising costs of its bikes and scooters from December 01, 2022. Prices might be increased by as much as Rs 1,500 and can vary based on the specific model and market.

This would be the fourth price hike for Hero bikes and scooters in 2022. The last price hike was in September, when prices have been elevated by as much as Rs 1,000. At the moment too, the reason for the price hike was stated to be rising cost inflation. Hero MotoCorp Dec 2022 price hike might be relevant to almost all their two wheelers, together with high sellers like Splendor, Passion, HF Deluxe, Pleasure, Destini, and so forth.

New Hero Splendor 125cc Canvas Black

Hero MotoCorp price hike December 2022

OEMs normally try to absorb rising cost inflation as a lot as possible, because it has potential to impact gross sales. OEMs can optimize processes and reduce manufacturing cost to deal with rising value inflation. Total, the purpose is to reduce the impact on customers. Nevertheless, at times it’s simply not possible to keep away from a price increase. That is normally done to ensure business sustainability.

As a means to cushion the impact of price hike on customers, Hero MotoCorp has stated that it’ll proceed to provide modern financing solutions. It’s more likely to embody choice of minimal down payment and competitive interest rates. There may very well be some particular provides available at the seller stage as well.

 

You May Checkout : Best Low maintenance Bike in India

 

 

Hero has also launched online exchange program, which is one other nice approach to reduce overall cost of acquisition. The exchange program covers most scooters and bikes which are lower than 15 years previous. Customers simply want to supply some particulars concerning the situation of their bike to get an on the spot quote on the exchange value. Hero’s exchange program is a superb help to these trying to purchase a new bike or improve to a larger capacity model.

To protect customers from future price hikes, Hero has launched an accelerated savings program throughout the organization. It won’t only help absorb further value impact, however will even lead to improved margins. In view of prevailing economic circumstances, Hero expects increased demand for two-wheelers sooner or later. It’s anticipating a rise in sale volumes in coming quarters.

Hero upcoming bikes

Hero has already ventured into EV space with launch of Vida electric scooter. It’s at present out there on the market in Bengaluru, Delhi and Jaipur. Different cities might be lined within the coming months. An electric bike can also be below improvement in collaboration with California (USA)-based Zero Bikes. Investments price as much as US$60 million have been allocated for Zero Bikes, which might be utilized for design and development of Hero’s first electric bike.

In ICE section, Hero is anticipated to launch Xpulse 400 and Xtreme 400S. These have been noticed on highway tests. One other main undertaking is a brand new 350cc bike being developed in collaboration with Harley-Davidson. The bike is at present in advanced stage of development. It can have Harley’s signature design aesthetics and sold through Harley dealerships. It will primarily rival Royal Enfield 350cc bikes.

 

Find Bike Dealers and Showrooms in Your City

Max 3 products can compare Compare
Scroll To Top