Bike prices hiked again

Assemblers have begun to raise motorcycle prices in anticipation of strong demand for two-wheelers as a result of a massive increase in petrol prices.

Surprisingly, the Chinese have been experiencing a drop in sales over the past few months and have also increased prices, citing higher production costs because of the devaluation rupee turn, more expensive auto parts coupled with rising transportation costs after a sharp rise in diesel and petrol prices.

Market leader, Atlas Honda Ltd (AHL) has increased the price of different models up to Rs 9,000 as of June 1.

The company had price hikes multiple times in 2021, resulting in a fall in the rupee.

Within the first week of May, the company had raised the price from Rs 3,000-to 8,000.

The Honda CD-70 is now labeled with Rs106,900, up by Rs3,600 followed by a jump from Rs4,000 to CD-70 Dream to Rs113,500.

After an increase of 5000 Rs5, Honda Pridor and CG125 will cost 144900 and Rs168500. .

The GC125SE prize was increased to 198500 Rs 193500.

The new price of CB125F is Rs 253,900, showing a jump from Rs 9,000 while CB150F silver color would be available at Rs308,900, up by Rs9,000. The same model in red and black color would be sold at Rs312,000 from Rs303,900.

Pak Star Automobile Ltd has hiked the price of bikes from 100 to 150 cc of Rs7,000, followed by Rs10,000 in 200 cc rickshaw loaders and Rs7,000 in rickshaws starting June 5.

D.S. Motors Private Ltd announced a price increase of 10,000 Rs10s in the 125cc model as of June 5, 2022.

Pakistan’s second bike assembler, United Auto Motorcycle, raised the price of Rs3,000 70cc-125cc bikes starting June 7.

Road Prince Motorcycle and autorickshaw made a jump from Rs3,000 to 70cc-125cc models from June 7.