Atlas Honda is set to announce another price hike within a month for all of its motorcycles. The manufacturer will increase the prices from Rs2,000 to Rs10,000 for seven variants.
As per two prominent Atlas Honda motorcycle dealerships in Lahore: Honda Gulberg and Honda Hamiz Bedian, the Association of Pakistan Motorcycle Assemblers (APMA) have already notified all Honda dealerships across Pakistan of the revised prices.
The imminent price hike is due to the rising cost of raw materials used in production as well as the continuous depreciation of the Pakistani rupee.
According to the dealerships, the popular Honda CD70 and CD70 Dream variants will see a price hike of Rs2000 which will be sold at Rs99,900 and Rs106,500 respectively from April 1.
Honda Pridor will be priced at Rs136,900 after an increase of Rs3000 in its existing price of Rs133,900.
The manager at Honda Gulberg stated that the company will release a formal notification on March 31, 2022, regarding the increase, the new rates will be effective from Friday.
This hike will place Honda CG 125’s price at almost Rs160,000. It is worth noting that the same bike was priced at Rs134,000 last year in the same period.
