Hero MotoCorp Hikes Prices of Popular Bikes: Splendor, HF Deluxe, Passion Plus Cost More

• Hero MotoCorp has increased prices for several popular entry-level models including Hero HF 100, Hero HF Deluxe, and Hero Passion Plus.
• The price hike is part of the company's annual revision, attributed to rising input costs, raw material prices, and inflationary pressures.
• Price increases vary by model: Hero Splendor Plus and Hero Passion Plus saw a Rs. 250 hike, while Hero HF 100 and Hero HF Deluxe increased by Rs. 750.
• The price range for Hero HF Deluxe is now Rs. 56,742 to Rs. 69,235, and Hero Splendor Plus ranges from Rs. 74,152 to Rs. 80,721.
• Despite the slight increase, the impact on consumers is minimal and is not expected to significantly affect sales in the commuter segment.

Why It Matters: Hero MotoCorp has raised prices on key commuter bikes due to rising costs, with minimal impact on sales.