Price Increase – Honda CD 70 Now Costs Rs. 129,000
After cars, the fresh price increase wave has hit the bike industry as Honda bike prices have been increased by Atlas Honda today. The new prices will be applicable from February 1, 2023. And here are the increased rates for Honda bikes.
New Honda Bike Prices
- Honda CD 70 will now cost Rs. 128,900 after an increase of Rs. 7,400. The bike’s old rate was Rs. 121,500
- Honda CD 70 Dream will now cost Rs. 137,900 against the old rate of Rs. 129,900. The bike saw an increase of Rs. 8,000.
- The new price of Honda Pridor is Rs. 170,900 against the old rate of Rs. 161,900. The bike saw an increase of Rs. 9,000.
- Then comes the second most famous bike of the company, Honda CG 125. Its price has been increased by Rs. 56,00, taking the rate to Rs. 194,900 compared to the old price of Rs. 185,900.
- Then we have Honda CG 125 SE. After observing an increase of Rs. 11,400, it will now cost Rs. 230,900 instead of Rs. 219,500.
- Honda CB 125F saw an increase of Rs. 22,000, taking the bike’s rate to Rs. 303,900 from 283,900.
- Honda CB 150F’s new price is Rs. 383,900 compared to the old rate of Rs. 353,900, meaning it also saw a jump of Rs. 30,000
- The last one is CB 150F SE, with a hike of Rs. 30,000. The bike’s new rate has reached Rs. 387,900 compared to the previous price of Rs. 357,900.
Keeping the tradition alive, Atlas Honda has not shared the reason for the price increase. However, the unstable economic condition, the devaluation of PKR against the US dollar, and import bans are the possible primary reasons. At the start of January, there were reports that Honda bike prices had been increased; however, the company denied such development, stating “the prices are not increasing any time soon,” and apparently, by soon, the company meant till the end of the month.
What is your take on the increase in Honda bike prices? What do you think will it impact the buying power of the consumers? Please share your thoughts in the comments section.