Companies say that every automobile company has suffered due to the corona epidemic. In view of the lockdown and rules in the states, everyone had to close their manufacturing plants.
Car and bike Price
From Maruti Suzuki to Hero MotoCorp, most of the big companies have increased the prices of their products from today. In such a situation, now you will have to loose more pockets to buy your favorite car, bike or scooter. In fact, auto companies had informed their customers through media and other mediums that they are going to increase the price of vehicles from July 1. Talking about Hero MotoCorp, the company has announced an increase of up to Rs 3000 on bikes and scooters.
Hero MotoCorp says that the price hike has become necessary to partially offset the impact of the continuous rise in commodity prices. Along with this, the brand also says that, it will continue to run the Drive Cost Saving Program so that the rising prices do not affect the customers.
Prices increasing for the third time since January
Talking about the country’s largest car company Maruti Suzuki, the company has announced a third increase in prices since January. In January, the company had made its cars expensive by up to Rs 34,000. After this, in April also, the company had increased the price of some cars. Maruti has also attributed the increase in the input cost to the increase in the price. Car prices are increasing due to increase in input cost.
Why is it increasing
Companies say that every automobile company has suffered due to the corona epidemic. In view of the lockdown and rules in the states, everyone had to close their manufacturing plants, while they had to work with fewer people, due to which big companies suffered losses in the end. Now that the companies have opened but the input cost of the companies has increased, so the companies have to increase the price to compensate for the loss. At the same time, the sales figures of many companies are also coming today. According to the information, it is expected that this month there may be improvement in the figures of the companies.
read this also:
BS6 Skoda Kodiaq will be launched in India very soon, know what will be special in it
Tata Motors to launch dark editions of Altroz and Nexon very soon, know what will be special
.