ROYAL ENFIELD TO HIKE BULLET PRICES

Royal Enfield has decided to hike the prices of its range of two wheelers by Rs. 2200 from 2007, according to an official press release. The price hike effective from January 1, 2007, follows the continuous increase in cost of raw material. The hike is applicable across its entire range including the Bullet 350, Bullet 500, Bullet Electra, Bullet Electra 5S, Bullet Machismo and the Thunderbird, the release said.