Bajaj Bikes To Get More Expensive By Up To Rs. 8000 From Next Month

Bajaj Auto has announced that its motorcycles will see a hike of about Rs. 3000 to Rs. 8000 in the on-road prices, starting from September 1, 2018. The hike comes in lieu of the decision to make third party insurance cover mandatory up to five years on new two-wheelers by insurance regulator IRDAI. Not only Bajaj Auto, but the ruling affects all manufacturers and prices will increase two-wheelers by a substantial margin. New passenger cars will also come with a mandatory insurance cover of three years, as per the ruling.

from NDTV CarAndBike - Latest News

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