After price hike by Honda Cars, now Atlas Honda has also increased the prices of its bikes 3rd time in the year 2022. This hike in Honda bikes prices, it becomes the leading bike company to do so.
According to the company, this price hike is due to the fact that raw products are expensive now. Besides, they also said that they are facing losses despite the facts shown in their financial reports. Secondly, Ministry of Industries and Production has reported that Local Bike’s Industry is 90% relying on local raw materials. Still this price hike is supposed to be out of the way.
Although most of the mechanical parts are now being produced in the country but claims by the manufacturers seems to be false and in the long run may be these manufacturers are driving their products out of the middle class buyers.
Here are Honda bikes new prices from May 2022.
|Motorbike Model||Current Price(PKR)||NEW PRICE (PKR)||DIFFERENCE (PKR)|
|CD 70 Dream||106,500||109,500||3,000|
|CG 125 SELF||189,500||193,500||4,000|
It can also be noted that Honda Atlas is also providing installments plan with MCB, SILK Bank, UBL and MEEZAN bank with 0% interest with 3-6months installments plan.