Pakistan’s motorcycle market has been on the rise after production and sales were at an all-time high in 2020 as Honda took the biggest share of sales at 35%. With the increased sales, Honda had increased its prices and had been doing so incrementally. Just last month, Atlas Honda had announced a hike in motorcycle prices.
They have once again raised their prices. The price increase is from Rs. 2400 up to Rs. 5000. The latest prices announced by Atlas Honda are as under:
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| Bikes | Old Price (Rs.) | Revised Price (Rs.) | Price Increase (Rs.) |
| CD 70 | 84,500 | 86,900 | 2,400 |
| CDÂ 70 Dream | 90,500 | 93,500 | 3,000 |
| Honda Pridor | 117,500 | 120,500 | 3,000 |
| CG 125 | 139,500 | 142,500 | 3,000 |
| CG 125 S | 167,500 | 170,500 | 3,000 |
| CB 125 F | 200,500 | 205,500 | 5,000 |
| CB 150 F | 259,500 | 264,500 | 5,000 |
Honda is increasing its prices with little to no justification and the latest price hike has customers scratching their heads once again.
What are your thoughts on the price hikes by Honda? Let us know in the comments section.
This Price hike may cause a serious reduction in their sales volumes, and may badly effect their market share. Which will result in Low Profit margin for forth coming years.
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