Motor Bike assemblers in Pakistan have raised bike prices as production cost rises. Japanese assemblers have raised prices for various models by Rs 2,400 to Rs 8,000 while Chinese Bike manufacturers have raised prices by Rs 500 to Rs 2,000, as higher prices for raw materials (steel, plastic) in the global market, coupled with higher prices for locally made parts led to cost pressures.
Market leader Atlas Honda Ltd (AHL) shocked buyers by raising prices for various models from Rs 2,400-5,000 on Wednesday during Eid al-Adha.
The Honda CD-70cc price is up Rs 2,400 to Rs 84,500, while the CD-70 Dream, Pridor, CG-125 and CG125S include new price tags of Rs 90,500, Rs 117,500 at Rs 13,900 and Rs 167,500. rupees respectively.
With the addition of Rs 5,000, the CB-125F models now cost Rs 200,500 and the CB-150F, as well as the other two options for Rs 255,500 and Rs 259,500.
Yamaha Motor Pakistan Ltd raised prices by Rs 7,000 to Rs 8,000 on July 26th. The new Yamaha YB125Z, YB125Z DX and YBR 125 are priced at Rs. 176,000, Rs. 190,000 and Rs. 196,000 respectively.
On July 10, Crown Motor Company, United Auto Industries, Road Prince Motorcycle and Rickshaws raised prices for Bikes by Rs. 1,000.
United Auto Industries on June 25 raised the price of a 100CC by Rs. 10,000.
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