Triumph Motorcycles defers its BSVI product hike until July 2020
The British bike maker has announced that it will not hike the prices of its BSVI compliant motorcycles until July 2020. The decision has been taken considering the Coronavirus caused market condition. Over that, the company has also announced the extension of warranty period and extended warranty period for bikes whose warranty expires between 20th March and 3rd May. The warranty will be extended to 30th June.
Triumph also announced that the warranty of the bikes will not be affected by the delay in periodic maintenance during the nationwide lockdown and this is applicable only if the customers get the bike serviced in the next 30 days after the lockdown lifts.
The brand is also planning to launch attractive finance choices for customers. At present, the Bonneville fleet is BSVI compliant and this includes the Triumph Bonneville Street Twin, the Bonneville T100, Bonneville T120 and the Bonneville Speedmaster. Triumph's BSVI transition started from January 2020 and it was already ahead of the government-set deadline. And Triumph says it will have strong representation for every segment of the fleet in the next two months.
Shoeb Farooq, GM at Triumph Motorcycles India Pvt Ltd said, "Triumph Motorcycles has decided to defer the upcoming BS-VI price increase amidst the current difficult and unprecedented circumstances due to the COVID19 pandemic. We also understand that our customers would have been concerned with their motorcycle warranties expiring in March & April and services lapsing in the lockdown period, hence to ease their concerns we've decided to extend the expiring warranties until 30th June 2020 & any lapsed periodic maintenance during the lockdown will not impact warranty as long as the customer gets it done within a month of the lockdown opening. At the back end, we are preparing our dealerships to handle any increased service volume post the lockdown and we've put processes in place to ensure a smooth customer experience. These are trying times and as a brand we want to offer as much support to our customers as possible".
He added, "We don't have any unsold BSIV inventories and we will have ensured robust BSVI availability - In next 2 months Triumph will have strong representation across all segments with BSVI compliant motorcycles".
Triumph also launched the 2020 Street Triple RS today at Rs 11.13 lakh ex-showroom.