Honda, the highest-selling motorcycle in Pakistan, has once again indicated an increase in the price of motorcycles. Along with Honda, United, Road Prince companies have also indicated an increase in the prices of their motorcycles.
Talking to dealers, they said that the company was saying that if the dollar continued to rise in the same way, the production of bikes would exceed the stipulated price for which it would be necessary.
Motorcycle companies say that the price of steel used in bikes has also increased worldwide, which affects the production price of motorcycles. In such cases, the motorcycle manufacturer must increase the price.
Motorcycle dealers say the way the dollar is not depreciating suggests that the month of October could see an increase of Rs 3,000 to Rs 5,000 from all motorcycle manufacturers.
Yesterday, a new price letter was issued to the dealers, which increased the price of CD70 in the market to Rs 4,000. The prices of CD100 have been increased up to Rs 5,000 while the prices of One Two Five and Self Start Bike have been increased up to Rs 6,500.
Similarly, the price of YBR125G will be increased by Rs 8,500 to Rs 2,13,500, while the price of YBR125Z will also be increased by Rs 8,500 to Rs 184,000. The new prices will take effect on October 1.
The rise in the value of the dollar has also pushed up the price of the poor man's ride. The dollar has made not only motorcycles but also their parts more expensive. According to the details, the price of CD70 has been increased to Rs 4,000. The prices of CD100 have been increased up to Rs 5,000 while the prices of One Two Five and Self Start Bike have been increased up to Rs 6,500.
Citizens say that along with motorcycles, their parts have also become expensive, which is hurting the common man. Adopt a solid strategy to maintain.
According to shopkeepers, due to rising prices, the price of a motorcycle brake show has gone up from Rs 90 to Rs 150, a pair of tongs from Rs 950 to Rs 1,200 while the prices of motorcycle indicators have also gone up by Rs 50.