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Thread: NEWS: Two Wheeler price hike

  1. #1
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    Default NEWS: Two Wheeler price hike

    Bad news for ppl planning to buy one... Or maybe u can buy one when u have the time


    MUMBAI: Leading two-wheeler majors are under increasing pressure to raise prices, given the uptrend in input costs. While Bajaj Auto is planning a 1-2% hike, Hero Honda and TVS Motors are reviewing their prices.

    But industry observers have dismissed this as a ploy to clear stocks. Fierce competition had prevented these companies from hiking prices of motorcycles in the past year. The cost of steel, plastic and metal has been going up for the past few months.

    R Chandramouli, V-P, TVS Motors, said, The cost pressure has been in the range of
    3-4% and we have been absorbing it without passing any price increase to the customer.


    Source : http://economictimes.indiatimes.com/...how/948732.cms

    But it also mentions that the Pulsar '05 model (thats what they call it) is already selling at the higher price.. so no hikes for pulsar

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    thaz gr8 news biker
    well let the war between manufactures continue
    till then customers can wear a smile....

  3. #3
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    hmnn.. it surely must be way to clear their stocks...
    \"I\'m here to chew bubble gum and kick a**....and I\'m all outta bubble gum....\"

  4. #4
    Ken
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    1-2% shouldnt be too much of a problem....
    _____________________________
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    even car prices are increasing by 2-3%. that kind of increase, i dont think, will make a big difference
    <- I just wish my mouth had a backspace key.

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