Pakistan’s top two-wheeler manufacturer, Atlas Honda has announced another significant price hike for its motorcycles which is Honda’s third price increase in less than five months.
Honda CD70, the country’s most popular two-wheeler, is now priced at Rs102,900, after an increase of Rs3000. The 100cc Honda Pridor following the increase will be sold for 139,000 after an increase of Rs3000 in its old price of Rs136,900, while the iconic Honda 125 is now priced at Rs163,500 after a hike of Rs4000 in its prior cost.
The price of the Honda CB 150 SE increased by Rs8,000, bringing the total price to Rs303,900, up from Rs295,900 previously.
Pakistan’s two-wheeler industry has achieved over 90 per cent localization, according to the Ministry of Industries and Production’s (MOIP) latest report. This means that the majority of a motorbike’s structural and mechanical components are manufactured in Pakistan, with only a few foreign parts.
Read more: Honda Atlas announces price hike instead of fixing delivery issues
Despite this, all companies continue to raise their bike pricing without introducing or incorporating any advancement, putting them out of reach for the majority of local consumers.
