Hero MotoCorp to revise prices on select motorcycles, scooters effective 1 April 2023
The revision is being implemented due to the increase in costs on the back of the OBD 2 transition.
Hero MotoCorp is looking to revise ex-showroom prices on select motorcycles and scooters, effective 1 April 2023.
The price revision will be around 2% and the specific quantum of increase will vary by specific models and markets.
The revision is being implemented due to the increase in costs on the back of the OBD 2 transition.
The rural markets have been witnessing an upswing in demand, thanks to the government schemes in the social sector and healthy agricultural outputs. This augurs well for the industry as the growth momentum is expected to lead into the upcoming festive season towards the latter half of the fiscal.
RELATED ARTICLES
SIAM Spearheads Global Conference on Sustainable Mobility: Uniting for Vision India@2047 on World Environment Day 2023
The discussions revolved around material circularity, decarbonisation, carbon neutrality, and ESG compliance within the ...
BluSmart achieves 200 million electric kilometer milestone
The company's EV fleet has effectively prevented the release of more than 14,600 tonnes of CO2.
SMEV recommends FM impose a "Green Tax" on ICE vehicles
The Green Tax would rationalise the anticipated decline in EV sales due to the subsidy reduction that has begun from thi...