Atlas Honda has raised the prices of its bikes amid car prices hike, reports Dawn. The company has increased the prices by PKR 500-3000. This is for the second time that the company has surged the rates of its bikes, previously it soared the prices by PKR 500-1000.
The revised prices of Honda Bikes are as follow:
|New Prices||Old Prices||Increase|
|Honda CG-125||PKR 109,000||PKR 107,500||PKR 1,500|
|Honda CG-125 Deluxe||PKR 129,500||PKR 126,500||PKR 3,000|
|Honda Pridor 100cc||PKR 88,000||PKR 87,000||PKR 1,000|
|Honda CD-70||PKR 64,000||PKR 63,500||PKR 500|
|Honda CD-70 Dream||PKR 68,500||PKR 67,500||PKR 1,000|
|Honda CB-150F||PKR 165,000||PKR 162,000||PKR 3,000|
The prices of the bikes have been revised with effect from 2 April 2018. Furthermore, the rates have been changed due to constant devaluation of Rupee against Dollar. Despite the price hike in January, the company sold a record number of bikes in it’s his history; it shipped over 1 lac bike in a single month.
Despite the price hikes, Atlas Honda is selling a record number of bikes. The company sold more than 1 lac units of bikes in January alone. According to estimates, the bike sales will cross 1.1 million units by the end of the current fiscal year.