Auto manufacturer Honda Motorcycle and Scooter has hiked the prices of its entire range of two-wheelers by up to Rs. 800. The prices of the vehicles have been hiked due to the impact of the prices of diesel.
Y S Guleria, the vice president of sales and marketing at Honda Motorcycle and Scooter India said, “We have hiked the prices of all our models by Rs 200-800 from April 1. It is done mainly because of the impact of diesel price increase in recent times”. The hike in prices of diesel results in a rise in the freight charges which has done a major effect on all the expenditures.
Guleria went on to say that the insurance charges have also been increased, due to which they decided to pass on some burden to the consumers. After the hike, three popular vehicles of the company, namely the Activa, Dio and the Aviator have been priced between Rs. 44,718 and Rs. 53,547.
The current range of the eight of the vehicles which are locally manufactured are now priced between Rs. 45,101 and Rs. 1.77 lakh. Honda, on April 17, 2013 launched its new motorcycle Dream Neo, which has been priced at Rs. 43,150. This has made it the cheapest two-wheeler in the country. The prices of the vehicles are ex-showroom price New Delhi.