Motorcycle prices have gone up. And some of them by even Rs, 1000. The culprits being rubber, steel, aluminium and other raw materials, which have become costlier. The manufacturers couldn't absorb the full pricing pressure any longer and had to pass on part of the burden to its customers. Prices were brought down after the budget by some margin, but after this announcement, those numbers have been dragged down to little or nothing.
Bajaj's Pulsar and Discover models cost more while the other bikes in the Bajaj line-up bear the same price tag. The TVS Apache RTR 160 will set you back by an extra 700 bucks, while the other bikes under the TVS roof will cost you 200 to 1000 bucks more. Hero Honda Passion and Splendor models will cost anywhere between 500-1000 Rs more.
When Inflation hits, it hits hard.
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Indian Autos blog
Saturday, April 19, 2008