Honda Atlas has increased its bike prices again in Pakistan. The maker of Honda bikes in Pakistan, Atlas Honda has raised bike prices for the 6th time.
The new prices are
Honda CD 70
New Price: PKR 69,500
The price has been increased by PKR 2,600.
Honda CD Dream
New Price: PKR 73,500
The price has been increased by PKR 2600
New Price: PKR 95,500
The price has been increased by PKR 3100
Honda CG 125
New Price: PKR 114,500
The price has been increased by PKR 3600
Honda CB 150F
New Price: PKR 187,000
The price has been increased by PKR 8000
According to the company, the devaluation of rupee against the dollar affects the prices of its bikes and vehicles in Pakistan. However, it must be noted that Honda has increased bike prices of all its units, even those that were produced under the former dollar rates. Therefore, even though rupee has devalued, Honda is earning more by selling all its bikes even the older versions at a higher rate. So it seems that Honda is trying to make use of the current situation and increase prices on the pretext of rupee devaluation.
Also, chances are that due to the current situation of the rupee, other companies including Toyota and Suzuki will follow suit and increase the vehicle prices.