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How Much Honda, Yamaha, and Suzuki Increased Bike Prices in 2022

haseeb by haseeb
December 26, 2022
in TECHNOLOGY
0
Honda, Yamaha, and Suzuki

It is commonly believed that riding a bike is one of the most cost-effective ways to travel a city. Unfortunately, motorcycle manufacturers in Pakistan — particularly Yamaha, Suzuki, and Honda — make it a habit to raise the prices of their products once every month or two.

Atlas Honda announced seven modest bike price increases in 2022, which added up to a total price rise of up to Rs. 80,400 for this year.

Pak Suzuki Motor Company (PSMC) has announced five price rises, which will result in a maximum increase of up to Rs. 70,000. On the other hand, Yamaha has announced six significant price hikes for its motorcycles, which will result in a total increase of up to Rs. 115,500.
The following is a list of the price increases that will take place for each motorcycle within Pakistan’s two-wheeler sector by the year 2022:

Atlas Honda

ModelJanuary 2022 Price (Rs.)December 2022 Price (Rs.)Increase (Rs.)
CD 7094,900121,50026,600
CD 70 Dream101,500129,90028,400
Pridor130,500161,90031,400
CG 125152,500185,90033,400
CG 125SE182,000219,50033,500
CB 125F218,500283,90065,400
CB 150F273,500353,90080,400

Yamaha

ModelJanuary 2022 Price (Rs.)December 2022 Price (Rs.)Increase (Rs.)
YB 125Z190,000293,500103,500
YB 125Z DX205,500314,500109,000
YBR 125211,000322,500111,500
YBR 125G220,500336,000115,500

Pak Suzuki

ModelJanuary 2022 Price (Rs.)December 2022 Price (Rs.)Increase (Rs.)
GD 110S199,000244,00045,000
GS 150215,000266,00051,000
GSX 125N/a359,000N/a
GR 150315,000385,00070,000

Bikes have also grown too expensive for the vast majority of prospective purchasers to purchase at their current costs. Other local manufacturers of bicycles may still be a possibility in terms of pricing, but they come with their own set of disadvantages, including inadequate after-sales support, problems with construction quality, and unreliable performance.

According to reports from the industry, Pakistan’s bike manufacturing industry has achieved up to 90 percent localisation. Unfortunately, this localization is not beneficial for the people as long as they continue to be required to pay exorbitant prices for stripped-down bicycles.

It should come as no surprise that none of the newly released bicycles offer decent value given their current costs and dated manufacturing standards.

Tags: and SuzukiHondaYamaha

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