Hero MotoCorp, Bajaj Auto, and others are absorbing the GST hike on 350cc+ motorcycles, raised to 40% from 31%, to sustain demand during the festive season. Models like Harley-Davidson X440, KTM, and Triumph remain at pre-GST prices, unlike Royal Enfield and Ducati, which passed on costs. Sub-350cc bikes benefit from a GST cut, boosting sales.
from Auto-Industry-Economic Times https://ift.tt/JFnKbmw
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