One of Pakistan’s largest bike manufacturing and selling brands, Atlas Honda, has increased the prices of its bikes for June 2019.
The company has not revealed as to why it jacked up the rates, however, while talking to PakWheels.com, Syed Hamza– a local bike dealer, said that the company revised the rates due to rupee devaluation and uncertain economic conditions.
Read Also: Government likely to increase oil prices by up to PKR 12 on Ist June 2019
See the new prices below:
Note here that the new prices will come into effect from 1st of June 2019. The previous rates of the bikes are below:
Honda CD-70: PKR 70,900
Honda CD Dream: PKR 74,900
Honda Pridor: PKR 96,900
Honda CG125: PKR 117,500
Honda CG125S: PKR 136,500
Honda CG125S Special Edition: PKR 137,900
Honda CB125F: PKR 161,500
Honda CB125F Special Edition: PKR 163,500
Honda CB150F: PKR 193,900.
Moving onwards, on a YoY and MoM basis, the bike market sales are down by 13%. Honda Pakistan has sold 105,013 bikes units in April 2019 whereas, in the same period of the corresponding year, it shipped 115,161 units. There is a decrease of 9% in sales. However, if we look at the stats of Month-on-Month (MoM) (April – March 2019), the sales are up by 17%.
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