Seeing Suzuki and Toyota raises their car price Atlas Honda followed the footsteps and increased bikes price, which not happened for the first time in 2019. Honda bike price in Pakistan, especially for honda cd 70, has also been increased abnormally in the current situation.
Atlas Honda has increased the prices of the bikes by Rs. 400 PKR to Rs. 2000 PKR. The prices vary in between the mentioned, depending upon the model. The increase of PKR 400 is for the CD-70, CD Dream and Pridor.
Honda Bike Price in Pakistan
After the hike, the new prices are
Honda cd 70 Price: PKR 73,900
The Price for Honda CD Dream: PKR 80,500
Honda Pridor: PKR 100,500
For the 125 models inclusively the Honda CG125, CG125S, CG125S Special Edition, CB125F, and CB125F Special Edition, the prices were increased by PKR 1500.
Honda CG125: PKR 123,500
Price of Honda CG125S: PKR 149,900
Honda CG125S Special Edition: PKR 151,900
Price of Honda CB125F: PKR 168,500
Honda CB125F Special Edition: PKR 177,500
Meanwhile, the prices of the CB150F are hiked by PKR 2,000 making the new price to PKR 193,900.
Earlier in January and March, the prices of the bikes of Atlas Honda increased by PKR 2000. And just like any other manufacturers, the main reason of these hike in prices is the Pakistani currency (Rupee) against the U.S Dollar.
According to the Pakistan Automotive Manufacturers Association (PAMA) report, in the first nine months of this fiscal year, the sales of the bike have faced a 6% decline. The sales went from 838,395 units in the same phase as that of the last year to 823,918 in this year’s phase.
Atlas Honda motorcycles faced a 5% sale decline in March of 2019, when compared to February 2019, and a 17% sale decline when compared to March of 2018.
But the contrary happened to Suzuki and Yamaha, seeing their sales increasing from 18,193 and 17,873 units as compared to 15,083 and 15,971 units in the nine months a fiscal year of 2018.