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Hero MotoCorp increases prices on all products

Hero MotoCorp increases prices on all products
Parichay Malvankar
Written by Parichay Malvankar

Although the company is trying to break the previous sales records, Hero MotoCorp has announced a price hike on all their products by 0.5%.

The price correction has been made due to raised input costs in recent times. Still, the company is optimistic and is expecting a positive month on month growth for October 2014 considering the positive festive season purchase sentiment. The company sold over 6 lakh units in the month of September 2014 and expect the number to increase this month.

Also, Hero has launched two new motorcycle variants. The Splendor Pro Classic and the Passion Pro TR. The Splendor Pro Classic is powered by a 100cc, 4-stroke petrol engine producing 8.36 BHP of power and 8.05 Nm of torque. The bike is available in only two body colours – red and black. The Passion Pro TR is a all-terrain motorcycle powered by a 100cc, 4-stroke petrol engine producing 7.7 BHP of power and 8 Nm of torque. Features on this bike include a cross brace, front mudguard placed right below the headlamp, hand guards etc.