And Now Suzuki Increased Bike Prices
Following Honda and Yamaha, now Suzuki has increased its bike prices. As per a notification by the company, the new prices are implemented from August 1st, 2021. The company has hiked the rates by Rs5,000.
The company said that it appreciates day to day efforts in promoting sales and services of Suzuki products.
New Bike Prices
The company has hiked the price of Suzuki GD110S by Rs5,000, taking the rate to Rs186,000 from Rs181,000. Then comes GS150, and its new price is Rs202,000 against the previous rate of Rs197,000, meaning it also saw a jump of Rs5,000.
The third bike is GS150SE which also observe an increase of Rs5,000, taking its price to Rs219,000 from Rs214,000. Last but not least, after an increase of Rs5,000, the new price of GR150 is Rs295,000 against its previous cost of Rs290,000.
Earlier Price Increase
Earlier in February 2021, the company had increased the prices of its bike. According to a notification by the company, the rates were increased up to Rs4,000.
The notification stated that Suzuki increased the prices of three bikes. After the raise, Suzuki GS 150 started to cost Rs197,000 against its old price of Rs193,000, meaning the bike saw a jump of Rs4,000. Meanwhile, Suzuki GS 150 SE also saw an increase of Rs4,000, taking its price to Rs214,000, comparing to its last rate of Rs210,000.
Lastly, after a hike of Rs3,000, Suzuki GR 150’s revised price was Rs290,000 compared to its old rate of Rs287,000.
It is pertinent to mention that Honda and Yamaha had increased the bike prices last month. These companies have not mentioned the reason for these price hikes.
What do you think of these repeated price hikes? Do you think these are justified? Please share your thoughts with us in the comments section.
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