The prices of Yamaha bikes have been increased by Yamaha Motor Pakistan. They have surged in the range of Rs5,000 to Rs6,000. The prices have been increased due to the devaluation of Pak Rupee against the US dollar and an increase in production cost.
The price of the YBR125G model has been increased by Rs6,000 to Rs178,000. Similarly, the prices of YBR125 and YBR125Z variants have been increased by Rs5,000 each, their new price being Rs169,000, and Rs151,000 respectively.
Association of Pakistan Motorcycle Assemblers Chairman Sabir Sheikh said, “This time, the biggest factor behind the rise in prices seems to be rupee depreciation against the US dollar. In less than a month, the rupee has depreciated from Rs154 to Rs168 against the dollar.”
Furthermore, he said that around 50% of the bike parts of all the Yamaha models were imported. But there were a few models that had 50% foreign parts, thus, the price increase was unavoidable. The depreciation of Pak Rupee always negatively impact the bike prices
Also due to the standard operating procedures (SOPs) enforcement across Pakistan, there has been a massive blow to the rupee depreciation.
Must read: Yamaha Pakistan Increases its Bike Prices
Yamaha followed the SOPs and permitted just 25% of its employees to work on any given day.
He said, “This, in turn, is causing a contraction in the company’s output and the decreased production is translating into an increase in the cost of production.”