Hero Honda hikes two-wheeler pricesHero Honda hikes two-wheeler prices
Apnaloan.com Research Bureau
22 Apr 2008
Hero Honda has hiked prices of its two-wheeler products between Rs 500- Rs 1000.
As reported by Business Standard, Pawan Munjal Hero Honda MD said, the company has been trying to absorb rising commodity prices, but it has reached a stage where they need to pass it to the customers.
Most of the company's models, including Splendor Plus, Passion Plus, CBZ, Ambition and Hunk will see an increase in prices.
The recent hike in the interest rates will make it more difficult for the two-wheeler industry and the company is looking at ways to overcome challenges by tying up with more regional and local vehicle financing partners.