Hero MotoCorp raised prices by 0.5 percent

Hero MotoCorp- India's leading two-wheeler manufacturer has raised the price of its product range by 0.5 percent to counterbalance the rising input cost. The festive season is near and the increment in prices can affect the sales of a company. However, this small hike of 0.5 percent will surely not disturb the performance of Hero products during the period. In September, company had sold more than 6 lakh vehicles and the number is expected to increase further this month due to Diwali.

To celebrate the occasion, Hero has also launched 2 new motorcycles- Splendor Pro Classic and Passion Pro TR. The 2 special models are based on company's best selling products. These new offerings have a limited group of audience, however, they will help the company to perform better in the festive season.

The new Hero Splendor Pro Classic is a cafe racer version of the standard Splendor Pro, which has been priced at Rs. 48,650 (ex-showroom, Delhi). The bike features classic round headlight, instrument console, tail lamp and indicator lamps, sporty handle bars, vintage style graphics, chrome finish metal parts and the most important single seat with vintage style cafe cowl. It sports the same 97.2cc, 4-stroke, single-cylinder engine, which powers the entire Hero commuter range. However, compression ratio has been increased to deliver increased power output of 8.25bhp at 8,000rpm, while the torque output remains similar with 8.05Nm coming at 5,000rpm.

The new Hero Passion Pro TR is an on/off road version of the regular Passion Pro, which gets some additional features like headlight grill, handle bar with crossbar, knuckle guards, new graphics, knee pads on fuel tank, high front fender with tyre hugger, engine bash plate, special tyre treads and a front disc brake standard. Specifications of the bike are similar to the standard model and it has been priced at Rs. 51,550 (ex-showroom, Delhi).

Source: ET Auto