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