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Bajaj, Hero Honda offer festival discounts

Bajaj, Hero Honda reduce prices on CD Deluxe, Platina as festival offer

Apnaloan.com Research Bureau

15 Oct 2007

Hero Honda Motors Ltd and Bajaj Auto Ltd have bought down the prices of their entry-level 100 cc bikes to encourage sales during the festival season, according to media reports.

Hero Honda has reduced the price of its CD Deluxe bike by Rs 2,020 (approx. 6 per cent), as a limited festival offer. The market price of the CD Deluxe is Rs. 36,000.

Bajaj has reduced the price of its Platina bike by Rs 4,000 (approx 12 per cent), again a limited-period offer. The market price of Platina is Rs.39,000.

Motorcycle manufacturers have seen sluggish sales in recent months as high interest rates on vehicle loans have depressed demand.