After increasing the rates of its cars for the fifth time, Pak Suzuki has increased its bike prices following depreciation in rupee’s value.
The bike prices have increased by Rs. 6000 and the new prices have come into effect since November 1, 2018. The new prices are as follows:
|Model||Old Price||New Price|
|GS150SE||Rs. 170,000||Rs. 175,000|
|GS150||Rs. 150,000||Rs. 155,000|
|GD110S||Rs. 145,000||Rs. 150,000|
|GR150||Rs. 229,000||Rs. 235,000|
The last three months have proven to be good for the company with regards to the sales of bikes in the local market, as the company managed to sell 5,660 bikes. Moreover, the units shipped in July-September, 2018 also exceeded last year’s shipments during the same period.
It is pertinent to mention here that the company had already increased the prices of its cars a few days ago.
Apart from Pak Suzuki, Atlas Honda had also recently increased its bike rates by up to Rs. 4000. These are the new prices for Honda bikes:
|Models||Old Price||New Price|
|Honda CD-70 Dream||Rs.68,900||Rs.69,900|
Notably, both companies have increased the prices of their units time and again, sometimes over the diminishing sales while sometimes amid devaluing currency.