Jawa Announces Price Hike Across Range in India From January 1, 2021
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Mahindra’s subsidiary, Classic Legends Private Limited s Jawa, Jawa Forty Two and the Perak motorcycles have increased a price hike from January 1. Hero MotoCorp too has announced a price hike by around Rs 1,500 from next year, while other brands like Kia, Maruti, Hyundai and Mahindra have also made similar announcements.
According to a report by Rushlane, while Original Equipment Manufacturer (OEM)s usually introduce a hike between 1-3 percent annually, this year automakers are expected to increase the hike as they will attempt to pass on higher input costs to the consumer.
Jawa bikes prices in India to be increased from January 2021 Updated Dec 21, 2020 | 09:01 IST
Quite like with every other automobile company announcing its decision to increase prices, Classic Legends Private Limited too has chalked it up to rising commodity prices and input costs. Jawa bikes prices in India to be increased from January 2021
You know how we have been sharing news of automaker after automaker announcing the decision to increase prices of their offerings from January 2021? Well, we may have another name to add to the list Jawa Motorcycles. Yep, it turns out this one too is planning increase its bikes prices from 1 January. However, we must note that these are still media reports and that we don t have any official confirmation yet. But rest assured, we will keep you updated. Anyway, about the details the quantum of this cyclical price revision for the new year won t be huge. This means Jawa, Jawa Forty Two, and Jawa Perak s prices
Exclusive: Jawa To Hike Prices Across Range From January 2021
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Highlights
The Jawa Motorcycles range comprises the Jawa 300, Forty Two & the Perak
An official announcement about the price hike is expected in a few days
Classic Legends Private Limited will be hiking prices for the Jawa range of motorcycles in the country from January 2021. Sources close to the development have confirmed to carandbike that the bike maker is planning a cyclical revision of prices for the new year that will see the Jawa, Jawa Forty Two, and the Jawa Perak get more expensive by a small margin. The source further revealed that the rising input costs and commodity prices have been reasons for the price hike. More recently, Mahindra Group s Mahindra & Mahindra also announced a price increase from next year onwards across its passenger and commercial vehicle range.