Nowadays, top of the news in motorcycle market is price reduction of renowned brands. World class motorbike brand Honda has started and reduce the price of all the available models. That news is not good for the other motorbike companies but bring smile at the face of bike lovers.
Suzuki has come out with new surprise for the bike lovers and they also reduce the price of their available models in Bangladesh. In Bangladeshi market, Suzuki 150 cc segment is very popular to the young generation and news of price reduction may push the Suzuki one stapes ahead.
Now question is that who is next? To survive in the market other brands have to reduce the price of their models. Before knowing the name of the brands, let’s have a look at the reason of price reduction.
Bangladeshi govt. has taken remarkable stapes, govt. has decided to provide rebate on raw materials import. Therefore price of the bike is going to reduce. Hence, company can import the raw materials and make assembling within the country. So along with price reduction of the bike employment opportunity has been increasing. Above all this is a wonderful decision has made by the Bangladeshi government.
Whose are going to admitted in the price reduction list? All the familiar companies are in the list such as Hero, Bajaj, TVS, Yamaha as well as Walton. Today or tomorrow they are going to reduce the price of their bike. Price will be reducing base on the brand and their models. It might be 5000 to 45000. Beside above mentioning brands, other companies will also going to provide affordable price list of their available models. Upcoming year 2017 is going to the name of the bike lovers.
It has been long Bangladeshi customers are talking about the excess price of the bike. Compare to neighbor’s country price of the bike is double or sometimes it is three times in Bangladesh. We believe this decision will bring positive change in motorbike market and price will be remaining within the budget of every segments bike. In 2017, motorbike markets may remain unstable due to the price reduction but it will be the year for the bike lovers.