Suzuki Motorcycles has reduced the price of its two popular superbikes- GSX R1000R and Hayabusa. The Suzuki GSX-R1000 R now costs Rs 19.8 lakh, a drop of Rs 2.2 lakh from the previous price of Rs 22 lakh. Suzuki Hayabusa on the other hand now costs Rs 13.59 lakh, a comparatively small drop of Rs 28,000 from the previous price of Rs 13.87 lakh. All the prices mentioned are Ex-Showroom, India.
The price cut comes as expected after the recently revised custom duty structure that was announced during the 2018 Union budget. To summarise it, the CBU (completely built unit) imported vehicles saw a drop of 25% in customs, The CKD (completely knocked down) imports where engine and gearbox are not assembled saw a jump from 10% to 15%. Whereas, CKD imports where engine and gearbox is preassembled saw a drop of 5% percent, going from 30% to 25%.
Now, Suzuki GSX-R1000R being a CBU import saw a big price cut. Since Suzuki Hayabusa is a CKD import with pre-assembled engine and gearbox, only 5% duty relaxation is applicable to it. Suzuki also offer other superbike models like GSX-S1000, GSX-S1000F, and V-Storm 1000. We are expecting to hear the price revision announcement for these models soon.
The latest Suzuki GSX-R1000R was launched in May 2017 to take on superbikes like BMW S1000RR, Honda CBR1000 RR SP, Ducati Panigale V4 and Kawasaki ZX10RR. This Suzuki superbike is powered by a 999.8 cc four-cylinder engine that produces 204PS of power and 117.6 Nm of torque. Suzuki GSX-R1000R is laden with features like bidirectional quick-shifter, multiple riding modes, lithium battery, Inertia measuring unit, and Showa balance free shocks. (Read about newly launched Ducati Panigale V4)
Suzuki Hayabusa has been in the market for a long time but it did receive a new color scheme this year. The Hayabusa is powered by a 1340cc four-cylinder engine that churns out 202.5PS of power and 155 Nm of torque. It competes with the Kawasaki ZX-14R in the Indian market. Know more about the GSX-R1000 through this official video-