NEW DELHI: The country's largest two-wheeler maker
Hero MotoCorp Monday said it has increased prices of its
motorcycles and
scooters by up to 1 per cent. The
price hike will be with immediate effect, the company said in a statement.
The price increase across the range of two-wheelers has been 1 per cent (of the
ex-showroom price), although the exact quantum of the increase will vary on the basis of the model and the specific market, it added.
It, however, did not elaborate the reasons for increase in price.