Following in the footsteps of Atlas Honda and Yamaha, Pak Suzuki Motor Company (PSMC) has also notified an increase in the prices for its motorcycle lineup.
This is the third price hike PSMC has announced this year for its bikes. The new ex-factory prices of PSMC bikes with effect from July 2, 2022, are as follows:
|Variant||Old Prices (Rs.)||New Prices (Rs.)||Difference (Rs.)|
At the start of the current year, Suzuki’s GD 110S was priced at Rs. 199,000, GS 150 at Rs. 215,000, GS 150SE at 232,000, and GR 150 at Rs. 315,000. This means that the prices have gone up by as much as Rs. 34,000 this year.
Suzuki increased the prices of its bikes four times last year. From January to December 2021, Suzuki bike prices recorded an increase of up to Rs. 28,000.
The repeated price hikes by bike manufacturers in the last two years have put two-wheelers out of the reach of the majority of the public.