Hero Honda motors declared that there will be an increase in the prices of its bikes, here’s some things to note…
The price hike makes its high-end bike ‘Karizma’ dearer by Rs 1,500, while mid-range bikes like ‘Splendor Plus’, ‘Passion Plus’, ‘Hunk’ and ‘CBZ’ will be dearer by Rs 600 to Rs 850. The company has not gone for a major price hike for the entry level two-wheeler CD Deluxe, it will now cost Rs 100 more.
As the cost of manufacturing increases, there is no way but to cope up with this situation. Other manufacturers will also be following the same route. I wish bikes could have been like electronics which keeps getting cheaper! 🙂