Hero Honda to avoid any price hike this year
September 4th, 2008 Leave a comment Visited 27 times, 1 so far today
Hero Honda to avoid any price hike this year
India’s leading two wheeler manufacturer Hero Honda has said that they have decided to not hike the prices of their products in the market in the current year.
The price of raw materials is rising and the company plans to control excess expenditure to cut costs and maintain their profit margins.
Hero Honda Motors Chairman Brijmohan Lall Munjal said in a statement: “We will not increase the prices of our vehicles till the end of this year.”
The company has already implemented several price hikes on their models in the recent months.
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