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Friday 26 July, 2024
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Honda bike prices increased for fourth time in 2023

BY Farhan Khan May 01, 2023. 04:47 pm UPDATED: May 01, 2023. 04:47 pm

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Atlas Honda, Pakistan’s largest two-wheeler manufacturer in terms of market share, has raised motorbike pricing for the fourth time this year. The motorcycles have now become more expensive by Rs5,000-15,000.

According to a notice delivered to the company’s dealers, the higher tariffs will take effect on May 1.

Model

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Retail price
(exclusive of sales tax)

Sales tax — 18%

Retail price
(inclusive of sales tax)

CD70 (Red, Black)Rs131,271.19Rs23,628.81Rs154,900
CD70 DREAMRs140,593.22Rs25,306.78Rs165,900
PRIDOR (Red, Black, Blue)Rs172,796.61Rs31,103.39Rs203,900
CG125 (Red, Black)Rs194,830.51Rs35,069.49Rs229,900
CG125S (Red, Black)Rs233,813.56Rs42,086.44Rs275,900
CB125F (Red, Black, Blue)Rs322,796.61Rs58,103.39Rs380,900
CB150F (Red, Black)Rs401,610.17Rs72,289.83Rs473,900
CB150F (Silver)Rs405,000.00Rs72,900.00Rs477,900

Following the revision, the CD70 will now be sold for Rs154,900, a Rs5,000 increase. The price of the CD70 Dream has risen by Rs5,000 to Rs165,900.

Following a Rs10,000 price increase, the CG125 S is now available for Rs275,900. The CB125F tariff has been increased from Rs365,900 to Rs380,900.

The CB150F will now be marketed for Rs473,900, a Rs15,000 increase. The CB150F (Silver) has had a Rs15,000 price increase and is now available for Rs447,900.

Atlas Honda raised the pricing of bikes in the Rs7,000-25,000 range last month. Earlier this month, the company raised motorcycle prices by Rs7,400 to 30,000.

According to statistics provided by Association of Pakistan Motorcycle Assemblers Chairman Sabir Shaikh, the business has increased the price of its model by up to Rs303,900 in the last five years — that is, from December 2017.

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