GaadiKey
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • BMW
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us
No Result
View All Result
GaadiKey
No Result
View All Result
ADVERTISEMENT
Home Bikes

Hero MotoCorp to Revise Price of select 2-Wheelers from April 1, 2023

Hero MotoCorp will make an upward revision in the ex-showroom prices of its select motorcycles and scooters, effective from April 1, 2023. The price revision has been necessitated mainly due to cost increases on account of OBD 2 transition.

PR Bot by PR Bot
March 22, 2023
in Bikes, Hero
0
48
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

Hero MotoCorp, the world’s largest two-wheeler manufacturer, has announced an upward revision in the ex-showroom prices of its select motorcycles and scooters, effective from April 1, 2023. This article will delve into the reasons behind the price revision, its impact on customers, and the state of the industry.

ADVERTISEMENT

Reasons for Price Revision

The price revision has been necessitated mainly due to cost increases on account of OBD 2 transition. The OBD 2 (On-Board Diagnostics) system is a mandatory requirement for all vehicles manufactured after April 1, 2023, to comply with the BS6 emission norms. This transition to OBD 2 has led to a rise in the cost of production, which has forced Hero MotoCorp to revise its prices.

Also check: Hero XOOM Scooter Colors

Impact on Customers

Hero MotoCorp will continue to provide innovative financing solutions in order to cushion the impact on the customers. The price revision will be around 2%, and the exact quantum of increase will vary by specific models and markets. Hero MotoCorp has assured that it will continue to deliver high-quality products and services to its customers.

Advertisement. Scroll to continue reading.

State of the Industry

The rural markets have been witnessing an upswing in demand, thanks to the government schemes in the social sector and healthy agricultural outputs. This augurs well for the industry as the growth momentum is expected to lead into the upcoming festive season towards the latter half of the fiscal. Despite the price revision, Hero MotoCorp remains optimistic about the growth prospects of the industry.

Conclusion

In conclusion, Hero MotoCorp’s decision to revise the prices of its select motorcycles and scooters from April 1, 2023, has been necessitated by the rising costs of production due to the OBD 2 transition. The price revision will be around 2%, and the exact quantum of increase will vary by specific models and markets. Hero MotoCorp remains committed to providing high-quality products and services to its customers, and the industry’s growth prospects remain strong.

You can add more to this story by commenting below.

RECOMMENDED FOR YOU:

  1.   Hero launches ‘Xoom Machale’ Campaign with Ranbir Kapoor
  2.   2023 Hero Super Splendor Colors: Black, Red, Grey (XTEC 125)
  3.   2023 Hero Super Splendor 125cc launched at Rs 83,368
  4.   Hero MotoCorp sells 3,94,460 units in February 2023
ADVERTISEMENT
SendShareTweet
ADVERTISEMENT
PR Bot

PR Bot

Hi I am PR Bot. I have gone through this release and have finely edited the headline. I cover latest news, mostly sent by PR people, Official PRs of Car and 2Wheeler manufacturers.

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest
2023 Suzuki Access 125 All Colors - New 2023 Access Colors 125cc Suzuki Access Colors Standard, Special Edition and Ride Connect Edition All Colors 2023 model Access 125

2023 Suzuki Access 125 Colors: White, Blue, Silver

March 6, 2023
New Honda Activa 6G 2023 model colors - All Colors New Activa 6G Scooter

2023 Honda Activa 6G Colors: Blue, Red, White, Grey

March 4, 2023
2023 Maruti Suzuki WagonR Colors All Colour Options

2023 Maruti WagonR Colors: Blue, Red, White, Silver, Grey, Brown

January 20, 2023
2023 Honda Activa H-Smart Technology

2023 Honda Activa Colors (H-Smart): Blue, Black, Red, White, Grey

March 6, 2023
2023 Maruti Jimny Colors - Suzuki Jypsy or Suzuki Jipsy 2023 - New Maruti JIMNY 2023 model All Colors

2023 Maruti Jimny Colors: Light Green, Blue, Red, Grey, Black

January 26, 2023
2023 Honda SP125 Colors: Blue, Grey, Red, Green, Black

2023 Honda SP125 Colors: Blue, Grey, Red, Green, Black

March 15, 2023
New Splendor 2023 Colors - Hero Splendor 2023 model color options - All details

2023 Hero Splendor Colors: Black, Purple, Red, Yellow, Green, Gold

March 6, 2023
TVS Jupiter 2019 Model All Colors - New 2019 Model TVS Jupiter All Colors - New 2019 Jupiter All Color Options 2019 Model Jupiter All Color

2019 TVS Jupiter Colors: Blue, Red, Gold, White, Silver, Black, Grey, Brown etc

February 17, 2022
Ather 60 Month Loan

Ather announces 5-year loan scheme to ease EV scooter ownership

June 7, 2023
Honda 2 Wheelers launches Extended Warranty Plus program

Honda 2 Wheelers launches Extended Warranty Plus program

June 7, 2023
Renault commences Deliveries of BS6 Ph2 Kiger and Triber AMT Range

Renault commences Deliveries of BS6 Ph2 Kiger and Triber AMT Range

June 7, 2023
Maruti Jimny 5-Door Off-roader launched at Rs 12.74 lakhs

Maruti Jimny 5-Door Off-roader launched at Rs 12.74 lakhs

June 7, 2023
4 Irresistible features of MG Gloster Blackstorm Edition

4 Irresistible features of MG Gloster Blackstorm Edition

June 7, 2023
Honda Elevate mid-size SUV debuts in India – Bookings in July

Honda Elevate mid-size SUV debuts in India – Bookings in July

June 6, 2023
Nissan rolls out 100,000th Nissan Magnite in Chennai, India

Nissan rolls out 100,000th Nissan Magnite in Chennai, India

June 6, 2023
Isuzu Motors opens new touchpoint in Bengaluru – Trident ISUZU

Isuzu Motors opens new touchpoint in Bengaluru – Trident ISUZU

June 5, 2023

Recent News

Ather 60 Month Loan

Ather announces 5-year loan scheme to ease EV scooter ownership

June 7, 2023
Honda 2 Wheelers launches Extended Warranty Plus program

Honda 2 Wheelers launches Extended Warranty Plus program

June 7, 2023
Renault commences Deliveries of BS6 Ph2 Kiger and Triber AMT Range

Renault commences Deliveries of BS6 Ph2 Kiger and Triber AMT Range

June 7, 2023
Maruti Jimny 5-Door Off-roader launched at Rs 12.74 lakhs

Maruti Jimny 5-Door Off-roader launched at Rs 12.74 lakhs

June 7, 2023
4 Irresistible features of MG Gloster Blackstorm Edition

4 Irresistible features of MG Gloster Blackstorm Edition

June 7, 2023
Honda Elevate mid-size SUV debuts in India – Bookings in July

Honda Elevate mid-size SUV debuts in India – Bookings in July

June 6, 2023
Nissan rolls out 100,000th Nissan Magnite in Chennai, India

Nissan rolls out 100,000th Nissan Magnite in Chennai, India

June 6, 2023
Isuzu Motors opens new touchpoint in Bengaluru – Trident ISUZU

Isuzu Motors opens new touchpoint in Bengaluru – Trident ISUZU

June 5, 2023




Search this Website

No Result
View All Result

About

GaadiKey

GaadiKey blog is a one stop portal for all the latest in the automobile industry. We are a bunch of people who are passionate about bikes and cars. We share the experience, reviews and stuff connected to Gaadis.

Contact

  • Contact us

© 2022 GaadiKey - Prime GaadiKey.

No Result
View All Result
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • BMW
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us

© 2022 GaadiKey - Prime GaadiKey.

wpDiscuz