Saturday, December 3, 2022

Hero Motocorp Price Hike Rs 1000 | Hero broke the number of customers before the festivals

Announcing the price hike, Hero MotoCorp in an official statement said, “The price revision has become necessary to partially offset the impact of cost inflation.”

Hero broke the hearts of customers before the festivals, then made the bike expensive, now the price has increased

How much did the price increase?

According to Hero’s official statement, the price of two-wheelers has been increased by Rs 1,000. This increase in price will be applicable on model-wise vehicles. Let us tell you that this is the third price hike of the company in this financial year. Earlier this year, the company had increased by Rs 2,000 in April and Rs 3,000 in July. The company has raised prices five times this year.

Hero broke the hearts of customers before the festivals, then made the bike expensive, now the price has increased

However, this time the price has been increased by only Rs 1,000, so the company does not expect the sales to be affected during the festive season. Let us tell you that in August 2022, Hero MotoCorp has sold a total of 4,62,608 units of two wheelers registering a year-on-year growth of 4.55%. Out of this, 4,50,740 units have been sold in the domestic market.

Hero broke the hearts of customers before the festivals, then made the bike expensive, now the price has increased

The company has launched Splendor Plus in India in a new color on September 20. The company has launched this bike in Silver Nexus Blue which is available with i3S technology. Its ex-showroom price has been fixed at Rs 72,978. With the new color, now this bike has become available in a total of 6 colors.

Hero broke the hearts of customers before the festivals, then made the bike expensive, now the price has increased

Hero will launch electric scooter

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After petrol vehicles, now the company Hero MotoCorp is preparing to enter the electric vehicles market. Hero is going to launch its first electric scooter on October 7, 2022. However, it will not be called an electric scooter from Hero MotoCorp, but an electric scooter from a special brand ‘Vida’ made for e-vehicles.

Hero broke the hearts of customers before the festivals, then made the bike expensive, now the price has increased

Hero has started the deliveries of its new bike, the Xpulse 200 Rally Edition. The company has so far delivered 100 units of this bike. This bike is being made in limited numbers. Hero says that the company can start further deliveries for new bookings. Hero XPulse 200 Rally Edition has been made available at a price of Rs 1.52 lakh (ex-showroom).

Hero broke the hearts of customers before the festivals, then made the bike expensive, now the price has increased

The company has started the Xpulse Experience Center to introduce the customers to this bike. It has been started at Big Rock Dirt Park outside Bangalore which is designed to provide off road training. The company is going to set up more such EXPLUS Experience Centers in many cities of the country in a phase-wise manner. Here the well-known trainers of the company will give off-road training to the bikers.

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