Country’s largest two-wheeler manufacturer, Hero Honda has hiked prices of its products by up to Rs 1000. The company announced the price hike following the increased burden faced by the company due to rising input costs.
Anil Dua, Sr VP (Marketing and Sales), Hero Honda-
We have not taken any price hike due to commodity costs since August, 2008, but the burden has increased very much recently and we are passing it partially to the consumers
The company has hiked the prices of its models either by Rs 500 or by Rs 1000. The Hero Honda Hunk and the CBZ-Xtreme are now dearer by Rs. 1000 and the other Hero Honda models by Rs 500. The company’s bestselling product, Splendor and the top end Karizma have been spared from the price hike.
It is to be noted that the company recently gave the Splendor, Splendor+, CD-Dawn, Passion Pro and Pleasure a BS III engine upgrade.
Source: Goaonwheels
Posted by Naveen on June 3, 2010. Read More on Hero Honda · 0 Comment
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