Despite the Pakistani Rupee’s strengthening value relative to the US Dollar, Eiffel Industries has announced a significant rise in the price of its Road Prince motorcycle in Pakistan (USD to PKR). The price of Road Prince motorcycles and bikes in Pakistan has increased for the RP 70cc, RP 100cc, RP 110cc, and RP 125cc models, according to a notice from Eiffel Industries.
The notification states that the prices of the RP-70CC, RP-70CC Passion Plus, RP-70CC Classic, RP-100CC (all models), RP-110CC (all models), and RP-125CC Road Prince Bikes will be increasing in Pakistan. Beginning on August 18, 2022, the revised prices for Road Prince motorcycles will be in effect.
It is important to note that the US Dollar’s value relative to the Pakistani Rupee has dramatically declined over the past few days. As a result, automobile manufacturers in Pakistan are lowering costs for the majority of the parts they import for assembly. Despite the Pakistani Rupee’s appreciation, Road Prince has announced a second price rise for motorcycles.
The price of the Road Prince RP-70CC, RP-100CC, RP-110CC, and RP-125 in Pakistan has increased by Rs. 5,000, according to the notification. Other motorcycle manufacturers are predicted to follow this trend and either raise their pricing or keep them the same. No price reduction is anticipated from these motorbike manufacturers, though.
Road Prince Price Increase From 18 August 2022
ROAD PRINCE BIKE MODELS
PRICE INCREASE (PKR)
RP-70CC (All Models)
RP-100CC (All Models)
RP-110CC (All Models)
RP-125CC (All Models)