Hero Honda and Bajaj bikes become expensive from tomorrow

The countries first and second largest two wheeler manufacture, Hero Honda and Bajaj Auto,  bike prices will be increased from New year that is 1 st January, 2010. Already both the companies have announced the increment for them bikes due to rising cost of various raw materials such as steel and rubber.

After announcement of separation between Hero-Honda, this is the first time when it announced new prices. But the company claims that it will not effect the sales growth of two-wheelers. At present, either companies are recording overwhelming growth in sales. 

Hero Honda has announced the hiked prices for the two wheelers and it starts from Rs. 500 to 1500. The increased bike prices will effect the ex-showroom price of  Hero Honda CD Dawn to Hero Honda Karizma-the top model in it's portfolio.

On the other hand, Bajaj bikes will also available with hiked prices. The company has announced to add up to Rs 1000 at Bajaj Two wheelers. The ex-showroom prices will apply from its entry-level Bajaj Platina to Bajaj Pulsar 220cc- top end model. Now, the bike lovers have to pay extra buck for their favourite vehicles.

Here it is expected that other two-wheeler companies will also join the price hike race. Other two-wheeler makers like TVS, Yamaha, Suzuki and Mahindra are also expected to hike the prices at the end of February 2010.