Royal Enfield raises motorcycle prices by over 2%

Royal Enfield has increased prices of all three of its motorcycle models by more than 2 per cent due to higher cost of raw materials, the Chennai-based company said in a statement.

The company said the higher prices will be come into effect from the first of next month. The Standard 350 model will cost Rs 70,567 in Delhi from September, up from Rs 68,651 now. The Machismo 500 will cost Rs 101,882 from Rs 99,711.