Tag: HONDA 125

  • PML-N worker announces valuable prize for bringing people to welcome Nawaz

    PML-N worker announces valuable prize for bringing people to welcome Nawaz

    The Pakistan Muslim League (PML-N) is preparing for the return of party head and former Prime Minister Nawaz Sharif on October, ending a four year long stay in London.

    One of the PML-N’s workers has announced that a brand new Honda 125 motorcycle will be given to those individuals who bring more people to welcome their leader.

    A video that has gone viral on social media, shows an unidentified party worker making the announcement during a public event.

    While addressing a political gathering, he said, “This is a big announcement. I hope my team will win. You are all being told that whoever brings more people to welcome Nawaz Sharif on October 21 will get a Honda 125″.

    Furthermore, the unnamed party worker clarified the geographical scope of the prize by stating, “This is NA 135, and it covers two provincial constituencies.”

  • Honda 125S will now be sold for nearly Rs200,000

    Honda 125S will now be sold for nearly Rs200,000

    Several factors, including burgeoning raw material costs, continuous depreciation of the local currency, and greater freight rates, have forced the Pakistani two-wheeler industry to announce regular price hikes in 2022, putting motorcycles in a price range that is difficult to afford for a remarkable portion of the populace.

    Atlas Honda recently announced a price increase for their motorcycles in the range of Rs3,600-9,000, with the new rates taking effect from June 1, 2022.

    United, Metro, and Road Prince, among other Chinese motorbike manufacturers, have also hiked their two-wheeler prices.

    New prices

    The price of the Honda CD 70 has increased by Rs3,600, to Rs106,500. Similarly, following a Rs4,000 increase, the CD70 Dream model is now available for Rs113,500.

    Following a Rs5,000 price hike, the Pridor variant will now be available for Rs144,900.

    The CG125 and CG125S have had their prices increased by Rs5,000 to Rs168,500 and Rs198,500, respectively.

    The price of the Honda CB125F has been hiked by Rs9,000 from Rs244,900 to Rs253,900.

    The price of the CB150F has been increased to Rs308,900, while the CB150F (red, black) will be available at Rs312,900 starting June 1.

    Since March 2022, Atlas Honda has increased the price of its motorcycles every month.

    The two-wheel market isn’t the only one seeing price increases; car costs have grown by up to 55 percent in the current fiscal year.

    As per industry experts, the increase in motorbike and automobile prices is primarily due to an increase in foreign raw material prices and an increase in freight costs following Covid-19.

    The automobile industry, particularly due to auto-grade steel and plastic resins, is significantly reliant on imports.

    Furthermore, the sector has a low level of localisation, with the majority of parts being imported. As a result, the rupee’s depreciation has an impact on automobile and motorcycle prices.

  • Honda announces third price hike, Honda 125 is now priced at Rs163,500

    Honda announces third price hike, Honda 125 is now priced at Rs163,500

    Pakistan’s top two-wheeler manufacturer, Atlas Honda has announced another significant price hike for its motorcycles which is Honda’s third price increase in less than five months.

    Honda CD70, the country’s most popular two-wheeler, is now priced at Rs102,900, after an increase of Rs3000. The 100cc Honda Pridor following the increase will be sold for 139,000 after an increase of Rs3000 in its old price of Rs136,900, while the iconic Honda 125 is now priced at Rs163,500 after a hike of Rs4000 in its prior cost.

    The price of the Honda CB 150 SE increased by Rs8,000, bringing the total price to Rs303,900, up from Rs295,900 previously.

    Pakistan’s two-wheeler industry has achieved over 90 per cent localization, according to the Ministry of Industries and Production’s (MOIP) latest report. This means that the majority of a motorbike’s structural and mechanical components are manufactured in Pakistan, with only a few foreign parts.

    Read more: Honda Atlas announces price hike instead of fixing delivery issues

    Despite this, all companies continue to raise their bike pricing without introducing or incorporating any advancement, putting them out of reach for the majority of local consumers.