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Hero MotoCorp, Bajaj Auto offer steep discounts to push key segment sales

Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs

Topics
Hero MotoCorp | Bajaj Auto | two-wheeler firms

Shally Seth Mohile  |  Mumbai 



two-wheeler, two wheeler, automobile
Honda Motorcycle and Scooter India (HMSI), the second largest two-wheeler maker does not have any consumer offer, company’s top official said.

A stockpile of unsold inventory and weak demand have prompted two-wheeler makers including and to offer steep discounts on their entry and executive models. This comes as a contrast to the January price hike meant to offset a sharp increase in input costs.

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First Published: Wed, March 03 2021. 19:57 IST

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