India

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 channel to watch the latest car and bike reviews.





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm


STRIPE





53