Suzuki bikes – A day after increasing the prices of all vehicles, the auto manufacturer giant Suzuki has notified a sharp increase of up to Rs 25,000 in the prices of its two-wheelers, with new rates coming into effect from February 1, 2023.
With the new updates, the price of the company’s most-selling variant Suzuki 150 soared by Rs 20,000, to Rs 121,500.
The company’s cheapest model Suzuki GD 110S witnessed a jump of Rs20,000. The new price has been set at Rs 264,000, it was earlier sold at Rs244,000.
With a hike of Rs 25,000, the mid-range model Suzuki GSX125 will now cost Rs384,000; it was previously sold at Rs 359,000. The famous model saw a price hike of Rs25,000.
The company’s top-of-the-line model Suzuki GR 150 saw a jump of Rs. 25,000 and the price soared to a whopping Rs 410,000 as it was previously available at Rs385,000.
Here’s the updated price list
Here’s the updated price list of Suzuki bikes
Suzuki GD 110S
Suzuki GS 150
Suzuki GSX 125
Suzuki GR 150
Lately, the auto sector has been under severe crisis in wake of currency depreciation and import curbs.
As the prices skyrocketed, the sales nosedives, experts claim while Chinese motorcycle manufacturers were hit the worst amid the economic crunch. It was reported that Suzuki sales have also dropped by 20-30 percent as other bike makers also increased prices.
Last year, the government fixed import quotas for the auto sectors, that too disturbed the supply chain of the industry as several firms were unable to import their allowed quotas while banks were not entertaining individuals in opening of LCs.