Moneycontrol PRO
HomeNewsBusinessDucati India to hike prices of its motorcycle range from January

Ducati India to hike prices of its motorcycle range from January

The revised prices will be applicable for all models and variants of the bikes irrespective of dealerships across New Delhi, Mumbai, Pune, Bengaluru, Chennai, Kochi, Hyderabad and Kolkata.

December 19, 2022 / 10:54 IST
(Source: Ducati)

Italian superbike maker Ducati on Monday said it will hike the prices of its entire range of motorcycles in India from January 1.

The company, however, did not disclose the quantum of the hike.

Ducati India announces an increase in price on its entire motorcycle range to be effective on ex-showroom price from January 1, 2023, the luxury bike maker said in a statement.

The company has been absorbing costs for some time but will now have to pass on the increase through a revision in prices due to a substantial increment in costs related to raw material, production and logistics, it added.

The revised prices will be applicable for all models and variants of the bikes irrespective of dealerships across New Delhi, Mumbai, Pune, Bengaluru, Chennai, Kochi, Hyderabad and Kolkata.

The company also said it remains committed to India and will launch all the motorcycles unveiled globally in the domestic market.

PTI
first published: Dec 19, 2022 10:54 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347