Two Wheelers Articles

Welcoming the new GST reform in the market, Suzuki Motorcycle India has announced that it will be passing on the benefits to customers starting from 1st July 2017. With the GST norms now in place, prices of Suzuki bikes are down by 2 per cent, thanks to the reduction in overall taxes on two wheelers with a capacity of less than 350 cc.

Two-wheeler sales showed mixed results across companies in June 2017. Bajaj Auto sales skidded in June, and Honda sales also slowed down after posting record sales numbers in the past couple of months. The world's largest two-wheeler manufacturer by volume, Hero MotoCorp retains the top spot selling over 6 lakh two-wheelers in June

Suzuki sold 38,454 two-wheelers in June, and domestic sales of Suzuki scooters and motorcycles alone accounted for 33,573 units

India's largest two-wheeler maker, Hero MotoCorp announced its sales performance for June 2017 and the first quarter of the 2017-18 financial year. The auto giant sold 624,185 units last month, registering a growth of 14 per cent over the 549,533 units sold in June 2016.

GST prices on two-wheelers announced by manufacturers are only marginally different from pre-GST prices and will have no real impact on the industry, experts say

The Husqvarna bikes will also be manufactured at Bajaj Auto's manufacturing facility at Chakan, near Pune. The made in India KTM and Husqvarna bikes are expected to increase from 1,00,000 units in 2017 to over 2,00,000 units in the next couple of years.

TVS scooters and motorcycle prices have been reduced by Rs. 350 to Rs. 4,150 across the entire two-wheeler range and in different states, the company has announced

The Goods and Services Tax, or GST impact on prices of two-wheelers have certainly affected prices, but only marginally. A few two-wheeler manufacturers have already announced prices with GST benefits before the announcement of the new taxation system on 1 July 2017. Here's what the industry has to say about the new taxation norm.