Suzuki has reduced the prices of the iconic Hayabusa and the GSX-R1000R owing to a reduction in import duties on CBU bikes.

Right on cue of the government announcing 25 per cent cut on import duties on imported/completely built units motorcycles, Suzuki has announced that it will be reducing the prices on two of its flagship superbikes, the Hayabusa and the GSX-R1000R. While the iconic Hayabusa gets minor price reduction of ₹ 28,000. The previous price was ₹ 13.87 lakh and now the price of the Hayabusa is ₹ 13.59 lakh. On the other hand, the GSX-R1000R sees a more substantial price cut. It was earlier priced at ₹ 22 lakh and is now priced at ₹ 19.8 lakh (all prices are ex-showroom). The company imports other performance bikes such as the GSX-S1000F, GSX-S1000, GSX-R1000 and the V-Strom 1000 and might announced revised pricing sometime later.

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The interesting bit is that the Suzuki Hayabusa is not a CBU. In fact, is a completely knocked down kit model (CKD). The reason behind this is a small reduction in import duties on motorcycle kits where the engine and the gearboxes have been pre-assembled. The import duty rate on this earlier was 30 per cent and it has been now reduced to 25 per cent. Hence, a small price reduction for the Hayabusa. Ironically, with all the talk of ‘Make-in-India’, the government increased the CKD import duties from 10 per cent to 15 per cent, at the 2018 budget announcement.

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The company had launched the 2018 model year of the Hayabusa barely two months ago. The only changes were the two new colour schemes, which were Pearl Mira Red/Pearl Glacier White and Glass Sparkle Black.

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