So, Atlas Honda has once again increased the bike prices, and apparently without any reason. As per a notification, the prices have been hiked up to Rs3,000. The new prices have been implemented from May 3, 2021.
New Honda Atlas Bike Prices:
The new price of Honda CD70 is Rs84,500 after an hike of Rs1,600. The old price of CD70 was Rs82,900. Meanwhile, the CG-125 has seen a jump of Rs3,000 as it will now cost Rs139,500, against its old price of Rs136,500. The new price of CD70-Dream is Rs90,500 after a hike of Rs2,600.
The new price of CG-125/Self Starter is 167,500, CB-125F is Rs200,500 and CB-150 F is Rs255,500, after an increase of Rs3,000 respectively.
Price Hike in April 2021:
Earlier in April, the motorbikes manufacturing company hiked the prices up to Rs. 1,600. The company had increased the prices of Honda CD 70, Honda CD 70 Dream, and Honda Pridor by Rs. 1,000. Honda CD 125, Honda CG 125F, Honda CG 125S, and Honda CB 150F got a price jump of Rs.1,600.
This is the fourth time that Honda has increased bike prices since the beginning of 2021. First, the company jinxed the new year celebrations with inflation in bike prices on the 1st of January. Then, only a month later, the company announced another price increase on the 1st of February.
There was neither any apparent reason for the last three price hikes nor this one. In fact, the US dollar price has come down significantly in the previous few weeks, so the public was expecting auto prices to decrease. However, Honda is not playing it cool with its customers with another price hike in store.
On a scale of 1-10 (10 being the most unjustified thing), how would you rate this move by Honda? How do you think the consumers will react to another price hike of Atlas Honda bikes? Do you think the government should take notice of unreasonable price hikes by motorbike companies? Does the auto industry need a regulatory system for the manufacturers to increase their prices? Share your thoughts in the comments section.
