Atlas Honda increases bike prices by up to PKR 2,000

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Atlas Honda has hiked bike prices in May 2019. The country’s top bike manufacturer Atlas Honda has increased rates of bikes multiple times this year.

The prices of Atlas Honda bikes have been hiked by PKR 400 to 2,000. An additional amount of PKR 400 has been added in the rates of Honda CD-70, CD Dream and Pridor. Their new prices are given below:

Honda CD-70: PKR 70,900

Honda CD Dream: PKR 74,900

Honda Pridor: PKR 96,900

Moreover, prices of Honda CG125, CG125S, CG125S Special Edition, CB125F and CB125F Special Edition have been hiked by PKR 1,500. The new prices are given below:

Honda CG125: PKR 117,500

Honda CG125S: PKR 136,500

Honda CG125S Special Edition: PKR 137,900

Honda CB125F: PKR 161,500

Honda CB125F Special Edition: PKR 163,500

Honda CB150F price has been hiked by PKR 2,000. Its new price is PKR 193,900.

The reason for this price hike is likely to be the Pakistani Rupee depreciation against the US Dollar. During March 2019, the company had increased the prices of its bike by up to PKR 2,000.

In March 2019 PAMA report, we had seen that the sales of motorbikes witnessed a 6% decrease in the first nine months of current Fiscal Year. Honda bike sales decreased to 823,918 units from 838,395 units in 9MFY19 as compared to the same period during the previous fiscal. There was a 5% decline in sales of Atlas Honda motorcycles in March 2019 as compared to February 2019 and 17% decline with respect to March 2018.

The sales of Yamaha and Suzuki improved to 18,193 and 17,873 units during the last nine months from 15,083 and 15,971 units in 9MFY18, respectively.

 

For all automotive industry related news, stay with PakWheels. Let us know your opinion in the comments section. Meanwhile, you can visit our bike parts store.

 

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