Tag: motorcycle prices

  • Atlas Honda increases motorcycle prices: CD-70 price hiked to Rs158,000

    Atlas Honda increases motorcycle prices: CD-70 price hiked to Rs158,000

    Atlas Honda, the leading motorcycle brand in Pakistan, has recently announced price adjustments for its bikes. The new prices are set to take effect today, August 5th.

    Here are the latest prices of Atlas Honda motorcycles in Pakistan:

    Motorcycle Model Previous Price (Rs) New Price (Rs) Previous Price (Rs)
    CD-70 154,900 157,900 3,000
    Dream 70 165,900 168,900 3,000
    Pridor 203,900 208,900 5,000
    CG-125 231,900 234,900 3,000
    CB-125F 387,900 390,900 3,000
    CB-150F 490,900 493,900 3,000

    The CD-70 model will see an increase of Rs3,000, bringing its new price to Rs157,900. Similarly, the Dream 70 model’s price has been raised by Rs3,000, now priced at Rs168,900.

    For the Pridor model, there has been a significant increase of Rs5,000, setting its new price at Rs208,900. As for the CG-125 model, it will now be priced at Rs234,900. Additionally, the CB-125F model’s price has been adjusted to Rs390,900, and the CB-150F model will now cost Rs493,900.

    These changes in prices reflect the current market conditions and various factors impacting the automobile industry. Customers should be aware of these adjustments while making their purchasing decisions after the specified date.

  • Pak Suzuki follows Atlas Honda’s lead, raises motorcycle prices amid economic crisis

    Pak Suzuki follows Atlas Honda’s lead, raises motorcycle prices amid economic crisis

    In the midst of Pakistan’s economic crisis, the country’s automobile industry is struggling to stay afloat. One of the major players in the two-wheeler market, Pak Suzuki Motors, has recently increased the prices of its motorcycles due to the continuous devaluation of the rupee.

    This comes as no surprise since Pakistan’s auto industry heavily depends on imports and has been facing obstacles due to restrictions on the opening of letters of credit (LCs) after the rupee’s depreciation.

    According to a notification sent by the company to its dealers, the new rates will apply from May 9 and remain unchanged until further notice. The retail prices include the ex-factory product price and freight charges incurred on motorcycles that are delivered to dealerships.

    The notification mentioned that the rate of GD110s has increased to Rs335,000, GS150 to Rs364,000, GSX125 to Rs488,000, GR150 to Rs521,000, and GW250JP to Rs1.04 million.

    It’s worth noting that this isn’t the first time the automobile industry has seen such a price hike. Atlas Honda, Pakistan’s biggest player in the two-wheeler segment in terms of market share, recently increased its motorcycle prices for the fourth time this year, making them more expensive by Rs5,000-15,000.

    As the industry continues to face hindrances, it remains to be seen how it will adapt to the current economic conditions.

    Here are the new prices for all Suzuki motorcycles:

    Motorcycle Price (in PKR)
    GD110s Rs335,000
    GS150 Rs364,000
    GSX125 Rs488,000
    GR150 Rs521,000
    GW250JP Rs1,040,000
  • Suzuki GR 150 will now cost more than Rs5 lac

    Suzuki GR 150 will now cost more than Rs5 lac

    Pak Suzuki, in its latest round of price hikes, has increased the rates of its bikes including the GR150 and other models. This marks the third price hike for the company’s bikes in just four months.

    Starting from April 7, 2023, the new prices will be implemented.

    The GR150, which is one of the popular models from Suzuki, now costs over five lacs, which is an astonishing price for a bike. The company claims that the hike is necessary to cover the increasing costs of production and other related expenses.

    The Suzuki GD 110S, which was previously priced at Rs290,000, has now been given a price tag of Rs322,000 after the hike of Rs32,000. Similarly, the Suzuki GS 150 has undergone a transformation from its previous cost of Rs315,000 to a new price of Rs350,000, thanks to the increase of Rs35,000. The GSX 125, on the other hand, has seen an increase of Rs47,000, taking its previous cost of Rs422,000 to a new high of Rs469,000. Finally, the Suzuki GR150, known for its style and performance, has gone from Rs451,000 to Rs501,000 after a price hike of Rs50,000.

    This increase in prices will undoubtedly affect customers, especially those who rely on these bikes as their primary mode of transportation. It is hoped that the company will take steps to ease the burden on its customers and provide affordable bikes that meet their needs.

    Suzuki Bike Model Old Price (Rs) New Price (Rs) Price Hike (Rs)
    Suzuki GD 110S  290,000  322,000  32,000
    Suzuki GS 150  315,000  350,000  35,000
    Suzuki GSX 125  422,000  469,000  47,000
    Suzuki GR150  451,000  501,000  50,000
  • Atlas Honda increases bike prices, Honda CG125 now priced at Rs222,900

    Atlas Honda increases bike prices, Honda CG125 now priced at Rs222,900

    Atlas Honda, the leading manufacturer in Pakistan’s two-wheeler industry, has recently announced a revision in the prices of its motorcycles. Effective immediately, the prices have increased up to Rs15,000, depending on the variant.

    As a result, the popular Honda CD70 motorcycle now carries a price tag of Rs149,900, while the base variant of the Honda CG125 is priced at Rs222,900.

    Here are the new prices of all Honda bikes:

    Bike Retail price  (Excluding sales tax) Sales tax — 18 per cent Retail price  (Including sales tax)
    CD70 Rs127,033.90 Rs22,866.10 Rs149,900
    CD70 DREAM Rs136,355.93 Rs24,544.07 Rs160,900
    PRIDOR Rs167,711.86 Rs30,188.14 Rs197,900
    CG125 Rs188,898.31 Rs34,001.69 Rs222,900
    CG125S Rs225,338.98 Rs40,561.02 Rs265,900
    CB125F Rs310,084.75 Rs55,815.25 Rs365,900
    CB150F Rs388,898.31 Rs70,001.69 Rs458,900
    CB150F Rs392,288.14 Rs70,611.86 Rs462,900

    Unfortunately, due to the recurrent price hikes from various bike manufacturers, two-wheelers are gradually becoming a luxury item, with no bike being sold below Rs100,000, even those from Chinese brands.

    Furthermore, the company has also extended the closure of its production plant for 15 days. In a similar move, Yamaha Motor Pakistan has also announced an increase in the prices of its five models, citing the rising cost of production as the primary reason.

  • Rev up your budget: Atlas Honda hikes motorcycle prices by up to Rs35,000 amid economic crisis

    Rev up your budget: Atlas Honda hikes motorcycle prices by up to Rs35,000 amid economic crisis

    The two-wheeler segment’s largest player in Pakistan, Atlas Honda, has raised motorcycle prices following a significant hike in car prices.

    This marks the company’s second rate hike in February, as they already increased the prices of their motorcycles by an amount ranging between Rs7,400 and Rs30,000 earlier this month.

    The new prices became effective on February 15.

    Model Old Prices (Rs) New Prices (Rs) Hike (Rs)
    CD 70 128,900 137,900 9,000
    CD 70 Dream 137,900 147,500 9,600
    Pridor 170,900 181,500 10,600
    CG 125 194,900 205,900 11,000
    CG 125 Special Edition 230,900 243,900 13,000
    CB 125 F 303,900 330,900 25,000
    CB 150 F 383,900 418,900 35,000
    CB 150 F SE 387,900 422,900 35,000
    Latest Honda Bike Price Feb 2023

    During the Finance (Supplementary) Bill 2023, Finance Minister Ishaq Dar announced a rise in the general sales tax (GST) rate to 18%, which is expected to lead to price hikes for various industries and sectors.

    Amidst Pakistan’s ongoing economic crisis, the automobile sector has been significantly impacted due to the depletion of foreign exchange reserves and a weakening rupee, leading to issues with opening letters of credit.

  • Yamaha Pakistan increases bike prices by up to Rs13,500 due to an increase in production costs

    Yamaha Pakistan increases bike prices by up to Rs13,500 due to an increase in production costs

    Yamaha Motor Pakistan on Tuesday announced an increase in the prices of its overall motorcycle lineup owing to an increase in production costs.

    According to a notification made in this respect, the Japanese bike manufacturer raised the price of its five models by up to Rs13,500, with the new rates taking effect on January 4, 2023.

    The price of the YB125 Z model has been increased by Rs12,000 to Rs305,500. The price of the YB125 Z DX model has also been increased to Rs327,000 from Rs314,500, according to Geo.

    Model Old price Retail price excluding tax Sales tax 17 per cent New price Increase
    YB 125Z Rs293,500 Rs261,111 Rs44,389 Rs305,500 Rs12,000
    YB 125Z DX Rs314,500 Rs279.487 Rs47,513 Rs327,000 Rs12,500
    YBR 125 Rs322,500 Rs287,179 Rs48,821 Rs336,000 Rs13,500
    YBR125G Rs336,000 Rs298,718 Rs50,782 Rs349,000 Rs13,500
    YBR 125G
    Matte dark grey
    Rs339,000 Rs301,282 Rs51,218 Rs352,000 Rs13,500