Hero vs Honda: Price War Begins with Big GST Cut
The indian government has announced a GST reduction on small cars and bikes, cutting the rate from 28% to 18%. This festive season, two major bike brands, Hero and Honda, are expected to pass on savings to customers. Here’s how the price war is shaping up:💰 1. GST Cut: A Festive Relief
Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.
- GST on small bikes reduced from 28% → 18%
- Consumers can save thousands of rupees on new purchases
- Expected to boost festive season sales for bike brands
- Popular models like Hero Splendor, HF Deluxe, and Glamour will see price drops
- Estimated savings: ₹5,000–₹10,000 per bike, depending on the model
- Hero aims to attract budget-conscious buyers during the festive season
- Honda bikes like CB Shine, Activa, and SP 125 will also become cheaper
- Price reduction similar to hero, around ₹5,000–₹12,000
- Honda is expected to retain market share through competitive pricing
- Lower EMI options during the festive season
- Special discounts, free accessories, or exchange offers
- Financing options via banks and fintech platforms
Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.