Atlas Honda, Pakistan’s largest two-wheeler manufacturer, has announced another price increase for its motorcycles.
The company has raised the prices of its motorcycles for the third time in 2023. With the recent increase, the bikes have become Rs7,000-25,000 more expensive.
The new rates took effect on March 3.
Following are the new retail selling price (ex-factory):
Advertisement Model | Retail price | Sales tax — 18% | Advertisement Retail price |
CD70 (Red, Black) | Rs122,796.61 | Rs22,103.39 | Rs144,900 |
CD70 DREAM | Rs131,779.66 | Rs23,720.34 | Rs155,500 |
PRIDOR (Red, Black, Blue) | Rs161,440.68 | Rs29,059.32 | Rs190,500 |
CG125 (Red, Black) | Rs182,118.64 | Rs32,781.36 | Rs214,900 |
CG125S (Red, Black) | Rs216,864.41 | Rs39,035.59 | Rs255,900 |
CB125F (Red, Black, Blue) | Rs297,372.88 | Rs53,527.12 | Rs350,900 |
CB150F (Red, Black) | Rs376,186.44 | Rs67,713.56 | Rs443,900 |
CB150F (Silver) | Rs379,576.27 | Rs68,323.73 | Rs447,900 |
The company has raised its prices due to the constant fluctuations of the Pakistani rupee against all major currencies, particularly the US dollar, as well as an increase in manufacturing costs.
Atlas Honda raised the prices of motorcycles in the Rs9,000-35,000 range last month. Earlier this month, the company raised motorcycle prices by Rs7,400 to 30,000.
During the ongoing economic crisis, Pakistan’s automobile sector has been hard hit due to difficulties in opening letters of credit caused by rapidly depleting foreign exchange reserves and a weakening rupee.