In order to make performance bikes, the country’s famous vehicle manufacturer Royal Enfield has announced to increase the price of some of its popular models. The models that Royal Enfield is increasing the prices of include its retro roadster Classic 350 and 650cc twins.
How much did the price increase?
The Classic 350 was launch in September last year. At that time its initial price was kept at Rs 1.84 lakh. Later, the bike got a price hike which increased the starting price of this bike to Rs 1.87 lakh. And now with the latest price hike, the entry-level Redditch version has an initial ex-showroom price of Rs 1.90 lakh. While the top-of-the-line variant is now price at Rs 2.21 lakh, which has become costlier by around Rs 6,000.
The higher-spec 650 Twins – Both the Interceptor 650 and the Continental GT 650 have become a bit expensive. In the latest price hike, the prices of the entry-level variant have gone up by just Rs 3,000. However, the Haier variants have now become costlier by up to Rs 5,000.
Due to the new price hike, the price of Royal Enfield Interceptor 650 has now gone up from Rs 2.88 lakh to Rs 3.15 lakh. While the price of Royal Enfield Continental GT 650 has gone up from Rs 3.06 lakh to Rs 3.32 lakh. All prices are ex-showroom Delhi.
Apart from increasing the prices, no other changes have made on the bike. However, the company has not officially given any reason for increasing the latest prices. But this is likely to offset by higher input costs and semiconductor shortages, which, in turn, have significantly impacted input costs as well.
Recently, the company has also changed the features of Meteor 350 and Himlayan bikes. The Tripper Navigation Pod is now available only as an option accessory on these bikes, which was earlier standard. Due to this the prices of these bikes have also been cut.
The price of both the Meteor 350 and the Himalayan has slashed by Rs 5,000 due to the removal of tripper navigation as a standard feature.