Thinking of buying a car? You might need to expand your budget. Tata Motors and Hero MotoCorp have raised the prices of select vehicles, effective from July 1st. This price increase is due to rising commodity costs. Customers planning to buy vehicles from these brands will need to budget for the higher prices. Here’s a look at the models that have seen a price hike from these prominent auto companies.
Hero Moto increased prices
The country’s leading two-wheeler auto company Hero MotoCorp announced an increase in the prices of vehicles. Under this, prices will be increased on selected models from July 1. The prices increased by HeroMotoCorp will be applicable on ex-showroom models. That is, the motorcycles and scooters of the auto company will become expensive from tomorrow. The company said that the prices of selected vehicle models have been increased by up to Rs 1500.
You will have to pay more money on these models
The prices of these models of Hero MotoCorp have increased. This includes bikes HF 100, HF Deluxe, Splendor+, Splendor+ XTEC, Splendor+ XTEC 2.0, Passion+, Passion XTEC, Glamour, Glamour XTEC, Super Splendor, Super Splendor XTEC, Xtreme 125R, Xtreme 160R, Xtreme 160R 4V, Xtreme 200S 4V, Xpulse 200 4V, Xpulse 200T 4V, Karizma XMR and Mavrick 440 and scooters include Pleasure+ XTEC, Xoom, Destini Prime and Destini 125 XTEC.
Tata Motors gave a shock
Tata Group’s leading auto company Tata Motors has also announced a hike in the prices of selected vehicles. Under this, the prices of commercial vehicles will increase. The new prices increased by the company will come into effect from July 1 itself. Tata Motors had earlier increased the price of commercial vehicles in December last year. Then in February 2024, the prices of cars were increased. Under this, the prices were increased by 3%.
Tata Motors said that the reason for the price hike is the increase in commodity prices. The company will reduce this pressure by increasing the prices. The new rates will be applicable across the country. Under this, the prices of different variants and models will increase. Tata Motors commercial vehicles include trucks, buses and small trucks.
