Suzuki Hayabusa, V-Strom 800DE and GSX-8R Get Costlier After GST Hike

Suzuki Motorcycle India has increased the prices of its motorcycles over 350cc due to the revised Goods and Services Tax, which raised the GST rate from 28% to 40%. Consequently, the Suzuki Hayabusa now costs Rs 18.06 lakh, while the V-Strom 800DE and GSX-8R have seen price hikes to Rs 11.01 lakh and Rs 9.89 lakh, respectively. However, Suzuki's sub-350cc models have experienced price reductions of up to Rs 18,024, with no changes made to the motorcycles themselves.

Photo : TIMES DRIVE

Suzuki Hayabusa, V-Strom 800DE and GSX-8R Get Costlier After GST Hike

Suzuki Motorcycle India has revised prices across its big bike lineup implementation of the revised Goods and Services Tax (GST) rates for motorcycles above 350cc. Under the new taxation structure the GST levied on motorcycles above 350cc has been increased from 28 percent to 40 per cent. As a result Suzuki two-wheeler division has increased the prices of its products, over 350cc in the Indian market.

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How do the recent GST changes affect the pricing of Honda two-wheelers in India?

Following the recent GST revisions, Honda has announced price cuts on various two-wheelers, with reductions reaching up to Rs 18,887 for models like the CB350. The tax on motorcycles above 350cc was lowered to 18%, while those below 350cc now incur a 40% tax. This strategic move aims to enhance affordability and stimulate market demand, especially during the festive season.

What strategies are other manufacturers like Triumph using in response to the GST hike?

Triumph Motorcycles, along with Bajaj Auto, decided to absorb the increased GST costs instead of passing them on to customers. By maintaining the prices of their 400cc models despite the tax hike, they aim to keep their products competitive and retain customer interest in a growing market segment.

What are the specifications and features of the Suzuki V-Strom SX compared to the Hayabusa?

The Suzuki V-Strom SX is powered by a 249cc engine producing 26.1 bhp and features like LED lighting, a digital instrument cluster, and Bluetooth connectivity. In contrast, the Hayabusa has a much larger 1,340cc engine that delivers 187 to 190 bhp. The Hayabusa is focused on high performance, while the V-Strom SX is designed for adventure and daily commuting.

What promotional offers are currently available for Suzuki motorcycles?

Suzuki is offering various promotional incentives on models like the Gixxer and V-Strom SX, including cashback offers and exchange incentives. For example, the V-Strom SX has a Rs 10,000 exchange incentive and a cashback offer of Rs 15,000, while the Gixxer models can receive up to Rs 12,000 cashback, enhancing the overall value for customers.

How has Suzuki updated its motorcycle lineup to comply with OBD-2B regulations?

Suzuki has launched its updated motorcycle lineup, including the GSX-8R and V-Strom SX, now compliant with OBD-2B emission regulations. This includes enhancements like improved emission monitoring systems, ensuring that the motorcycles not only meet regulatory standards but also provide a refined riding experience with features such as ride-by-wire throttle and traction control.

Following the revision of these tax rates the Suzuki Hayabusa now costs Rs 18.06 lakh, which is an increase of Rs 1.16 lakh over the earlier Rs 16.90 lakh tag. The V-Strom 800DE has moved from Rs 10.30 lakh to Rs 11.01 lakh, up by around Rs 71,000. The GSX-8R is now listed at Rs 9.89 lakh, a hike of about Rs 64,000 from its previous Rs 9.25 lakh price (all prices referred here are ex-showroom).
No changes have been made to the motorcycles apart from the revised tax-led pricing. All three models were updated earlier this year for OBD-2B compliance and new paint schemes.
The Hayabusa continues to be offered with a 1,340cc inline 4-cylinder engine which produces around 187 to 190 bhp and up to 150 Nm of torque, while the GSX-8R and V-Strom 800DE share the 776cc parallel-twin motor that generates a peak power output of up to 82 bhp and 78 Nm.
While these three models have become more expensive under the revised GST slab, Suzuki’s sub-350cc motorcycles and scooters have undergone a price reduction of up to Rs 18,024.
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