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Thursday 16 May, 2024
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Did Atlas Honda Annouce Huge Hike in Bike Prices

BY Faizan Ahmed Dec 29, 2022. 04:59 pm UPDATED: Dec 29, 2022. 04:59 pm

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Earlier today, a number of media outlets, including ProPakistani, stated that Atlas Honda had raised its prices. Several of the firm’s own 3S retailers added that, although though the company hasn’t given notice, the price increase is probably coming because other bike manufacturers have raised the pricing of their bikes.

The price hike notification making the rounds on social media, however, is fake, according to information obtained by this writer from a firm official source, and the company has not raised the cost of its bikes.

Atlas Honda

Will the Prices Go Up?

Numerous dealerships have claimed that the rising cost of operations and the resurgent US Dollar rate are the likely causes of the price increase. They noted that the official announcement is anticipated to be made on January 1.

New motorcycle prices that will be in effect on January 4, 2023 were initially announced by Yamaha. Following that development, market rumours began to circulate that the other two of the three major two-wheeler manufacturers would soon also announce new prices.

 

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