Hero MotoCorp is all set to increase price of its motorcycles and scooters

The two-wheeler giant's entire product range will see a price hike

Hero MotoCorp's motorcycles and scooters will see a price hike by 1%

The increased pricing will be effective from October 3, 2023

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This comes as second price hike of the company in last three months

In July 2023, Hero MotoCorp hiked price of select motorcycles and scooters by 1.5%

The latest price hike comes right ahead of the festive season, which could impact sales

This price hike comes as a result of rising production costs, inflation etc

Hero MotoCorp has not revealed revised pricing of its motorcycles and scooters

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