Hero to hike prices of select motorcycles and scooters from October 3, 2023

Hero MotoCorp is set to implement a slight adjustment in the ex-showroom prices of certain motorcycles and scooters, starting from October 3, 2023.

The price hike is anticipated to be approximately 1 percent, with the precise amount varying across specific models and markets.

This price revision is a routine evaluation of product competitiveness and positioning, considering factors such as inflation, margins, and market share, the company stated.