Suzuki India has increased the price of its Hayabusa superbike by Rs. 1.16 lakh following the recent GST hike on motorcycles above 350cc. The bike, previously priced at around Rs. 17 lakh (ex-showroom), now retails at Rs. 18.06 lakh (ex-showroom).
Reason for Price Hike
The GST rate on motorcycles above 350cc was increased from 28% to 40%, making premium bikes more expensive across India. Suzuki has absorbed some of the impact but the Hayabusa still sees a substantial increase due to the tax change.
About the Hayabusa
The Suzuki Hayabusa is India’s highest-selling superbike in its category. Known for its stylish design, high performance, and comfort, it has built a loyal fan following over the years. Its combination of speed, handling, and reliability makes it a top choice for enthusiasts.
Impact on Sales
While the GST hike may cause a short-term slowdown in sales, the Hayabusa’s strong fan base suggests that demand could recover over time. The bike continues to be considered value-for-money in the premium superbike segment.
Conclusion
The price hike of the Suzuki Hayabusa highlights the impact of the recent GST increase on big motorcycles in India. Despite the higher price, the Hayabusa remains one of the most desirable and aspirational superbikes, and its loyal fans are likely to continue buying it in the coming years.
FAQs
What is the new price of the Suzuki Hayabusa in India?
The new price is Rs. 18.06 lakh (ex-showroom).
Why was the Hayabusa price increased?
The increase is due to the GST hike from 28% to 40% for motorcycles above 350cc.
Was the Hayabusa previously cheaper?
Yes, the old price was around Rs. 17 lakh (ex-showroom).
Is the Hayabusa popular in India?
Yes, it is India’s highest-selling superbike in its category and has a large fan following.
Will sales be affected due to the price hike?
There may be a short-term slowdown, but the loyal fan base is expected to maintain demand in the long run.