Hero Honda hikes Splendour and Passion prices
Owing to the raising input cost, Hero Honda today increased the prices of its 100cc bikes – splendour plus,passion plus, splendor NXG, CD Dawn and CD deluxe by up to Rs 850. “In view of consistently rising input costs, we have raised the prices of our product range to partially offset this increase, for example in 100cc range, the price increase is limited to Rs 850,” the company said in a statement.
Update: Bajaj Auto has also increased prices of its platina 100 cc, 125cc XCD and all variants of pulsar with effect from the last week of July.
“We raised price on the non-metallic variant of Platina by Rs 500. A similar hike has been implemented even on 125 cc bike XCD . In case of Pulsar, 150 and 180 cc, the price increase has been increased Rs 1,500,” Mr Amit Nandi, Vice-President, Sales and Marketing, Bajaj Auto, said.TVS Motor Company too has raised prices of the models beginning August.“We have already increased prices up to Rs 1,800 on different models,” said Mr H.S. Goindi, the company’s Head of Marketing and Sales.