GST cut reshapes two-wheeler market: Hero, Bajaj, Enfield and Honda ramp up sub-350cc plans

With the government reducing Goods and Services Tax (GST) on two-wheelers with engines up to 350cc from 28% to 18%, manufacturers are recalibrating their product strategies to intensify launches in the 300-350cc segment, industry executives said. Companies like Hero MotoCorp, Royal Enfield, Honda Motorcycle & Scooter India and Bajaj Auto are all accelerating their efforts […]

Classic Legends says new launches and GST reduce motorcycle sales during the festival season

Classic Legends, the maker of Jawa and Yezdi motorcycles, has reported a surge in sales during the ongoing festival season, driven by new launches, GST-related price benefits and expansion of retail presence. “The company’s bookings in Rajasthan have increased threefold this season compared to last year,” Anupam Thareja, co-founder of Classic Legends, said at a […]