Giving information on social media, Kawasaki said that it is going to increase the price of its motorcycle in India from January 1. Kawasaki has decided to increase the prices again on August 1, a few months after the price hike of several of its models. Apart from the Ninja 300, Z H2 and Z H2 SE, Kawasaki’s road legal range will see a hike in prices. Apart from this, the prices of Z650, Vulcan 650, Z H2 and Z H2 SE are also going to increase.
The ex-showroom price of Kawasaki’s most affordable model Ninja 300 in India will increase by Rs 6,000 to Rs 3.24 lakh. On the other hand, the price of the litre-class SuperSport has been increased by Rs 23,000. The company has not given the reason behind the increase in price, but the increase in raw-material prices could be the reason. Kawasaki has also said, “If customers book the motorcycle on or before December 31 and take delivery within 45 days from the date of booking, the ex-showroom price till December 31 will be applicable.”
Hero MotoCorp, the country’s largest two-wheeler maker, is also going to increase the price of its products again. The company has announced to increase the prices of motorcycles and scooters by up to Rs 2,000 from January 4. The price hike will be applicable on all models. However, the price hike will vary from model to model.
Input cost became the reason
Hero company says that the reason for the increasing price of the product is the increase in input cost. The prices of all the components used to make motorcycles and scooters are increasing rapidly. The price hike will depend on the model and the market. The increased prices will be effective from January 4 next year.