Following in Atlas Honda’s footsteps, Yamaha has decided to announce a major price hike for all bikes. The last announcement came in October, and the newest one has driven up bike prices up to Rs. 339,000.
Effective immediately, the new prices are as follows:
Model | Previous Price (Rs.) | Latest Price (Rs.) | Hike (Rs.) |
YB 125Z | 286,000 | 293,500 | 7,500 |
YB 125Z DX | 307,000 | 314,500 | 7,500 |
YBR 125 | 315,000 | 322,500 | 7,500 |
YBR 125G | 328,000 | 336,000 | 8,000 |
YBR 125G (Matte Gray) | 331,000 | 339,000 | 8,000 |
Although the company did not specify a reason for the hike, it is safe to guess that local currency depreciation is the main culprit.
This is Yamaha’s sixth price hike of 2022. The bike maker has been increasing prices regularly since February 2022. Motorcycle dealers and industry experts are expecting more price hikes due to the ongoing economic issues in Pakistan.
According to the latest government reports, bike manufacturing has been localized by a major percentage, which leaves little reason for motorcycle makers to increase prices on such a frequent basis and by such huge margins.