In its latest declaration, the Suzuki Motorcycle Bangladesh made all kinds of price adjustments for bikes under the 2024 model year. Among the factors that have been mentioned by the company to account for this price increase include increasing production costs, changes in import duties as well as also the global economic situation. In interpreting this move one can infer that the industry is always required to change to ensure it responds to the market and at the same time quality does not drop.

Suzuki Bangladesh Motorcycle Price Increase

Global Economic Factors:

To this, many industries including the motorcycle industry are not free from the changes in the world economization. Manufacturing costs have gone up due to the increasing cost of raw materials, for instance, steel and aluminum. Secondly, inflation and currency exchange rates play a crucial role in determining the cost of production which forces the companies to reassess their pricing models.

Import Duties and Regulatory Changes:

Suzuki Motorcycle Bangladesh recognizes changes in import duties and regulatory requirements, as reasons for them revising the motorcycle prices Tariffs and regulations are also adjusted by the governments and this directly affects the cost of components and motorcycles importing them off.

Quality Assurance:

Quality remains a priority for Suzuki Motorcycle Bangladesh. Company stresses on the very usage of high-quality materials, progressive work in engineering, as well as strictly conducted tests to make sure that their products meet or even valuable exceed the expectations of consumers. Possibly, the price modifications may represent Suzuki’ interest in providing premium products.

Price – 

• Hayate EP is now BDT 118,000/-
• Gixxer Monotone is now BDT 205,950/-
• Gixxer Classic Plus is now BDT 209,950/-
• Gixxer Classic Matt is now BDT 209,950/-
• Gixxer Carb-Disc is now BDT 237,950/-
• Gixxer Fi ABS is now BDT 279,950/-
• Gixxer Fi Disc is now BDT 249,950/-
• Gixxer SF Fi ABS is now BDT 349,950/-
• Gixxer SF Fi Disc is now BDT 319,950/-
• Gixxer SF Matt Plus is now BDT 359,950/-
• GSX 125 is now BDT 141,950/-
• GSX R Dual Channel ABS is now BDT 465,950/-
• Access Fi 125 is now BDT 205,000/-

Also Read - Suzuki Motorcycle Showroom In Bangladesh

In the dynamic market, the shifts in prices are rather normal, especially in the sectors responsive for the situation in the world economy. The fact that Suzuki Motorcycle Bangladesh takes steps to announce new prices for their motorcycles implies a desire for change and ability to overcome different external obstacles. From a consumer’s point of view, this informs one on the reasons for such adjustments and hence on the prices and quality of Suzuki motorcycles offered to them in the competitive marketplace.