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 2020. Honda bike price in Pakistan, especially for honda 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
|Model||Price||Last Updated On|
|Honda CG 125||PKR 128,900||30/06/2020|
|Honda CD 70 price||PKR 76,900||30/06/2020|
|Honda Pridor||PKR 107,500||30/06/2020|
|Honda CB 150F||PKR 239,500||30/06/2020|
|Honda CB 125F||PKR 185,500||30/06/2020|
|Honda CB 250F||PKR 640,000||01/01/2020|
|Honda CB 500X||02/09/2019|
|Honda CBR 150R||PKR 660,000||02/09/2019|
|Honda CBR 500R||PKR 1,250,000||02/09/2019|
|Honda CD 70 Dream||PKR 82,500||30/06/2020|
|Honda CG 125 Dream||PKR 106,900||02/09/2019|
|Honda CG 125 Special Edition||PKR 154,900||30/06/2020|
|Honda Deluxe||PKR 129,500||29/10/2019|
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.