Atlas Honda has announced another significant price increase for its motorbike portfolio, with the new pricing taking effect on February 1.
This is the company’s first price increase of the year. Although the corporation has not offered an explanation for the hike, rupee devaluation versus the US currency looks to be the ‘primary cause’.
The most recent price increase highlights the impact of currency changes on Pakistan’s motorbike industry.
| Bikes | Current Prices (Rs.) | Revised Prices (Rs.) | Increase (Rs.) | |
|---|---|---|---|---|
| CD70 | 121,500 | 128,900 | 7,400 | |
| CD70 Dream | 129,500 | 137,900 | 8,000 | |
| Poridor | 161,900 | 170,900 | 9,000 | |
| CG125 | 185,900 | 194,900 | 9,000 | |
| CG125 S | 219,500 | 230,900 | 11,400 | |
| CB125F | 283,900 | 305,900 | 22,000 | |
| CB150F | 353,900 | 383,900 | 30,000 | |
| CB150F (Silver) | 357,900 | 387,900 | 30,000 |
As the country suffers continuing economic challenges, customers’ reactions to price increases have yet to be shown.
Additional price increases are expected as a result of Pakistan’s persistent economic insecurity, according to motorbike dealers and industry experts.
The possibility of further rate increases may result in motorcycles becoming expensive for the majority of prospective customers.
Read more: KIA Picanto Price in Pakistan after Increase – Jan 2023
