Atlas Honda bike prices have increased for the first time in the new year! The company has now increased their prices for the 7th time in the last 13 months.

The reason behind the increase in prices is due to the devaluation of the Rupee against the Dollar. The cost of imported automotive parts has increased, thus the price hike.

Reportedly, the company has already made the new prices effective of January 1st, 2019. A notification has been circulated to all dealerships across the nation.

Atlas Honda

New Bike Rates

The following are the new Atlas Honda Bike Rates:

ModelNew PriceOld PricePrice Difference
GD-110SPKR 155,000PKR 150,000PKR 5,000
GS 150PKR 162,000PKR 155,000PKR 7,000
GS 150SEPKR 180,000PKR 175,000PKR 5,000
GR 150PKR 243,000PKR 235,000PKR 8,000

 



Atlas Honda, one of the leading motorcycle market giants has once again raised prices for its units from PKR 2,600-8,000. This is the 6th time in a span of 12 months the company has increased the price.

Due to the Rupee being the weaker currency, the price of the imported parts have become more expensive, thus the increase in the price of the vehicles. Just recently, Al-Haj FAW had also hiked the price for their vehicles as well.

The following are the new prices for Atlas Honda bikes:

ModelsPrice IncreaseNew Price
Honda CD 70260069500
Honda CD Dream260073500
Honda Pridor310095500
Honda CG 1253600114500
Honda CB 150F8000187000

 

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Previously, in January and April, the brand increased its bike prices by Rs500-1,000 and Rs500-3,000 respectively.

In June, it raised another Rs 800-2,000 on their bikes. Despite the price hike, Honda’s sales have gone up by 3.66% as the company sold 373,698 units in 4MFY19, as compared to 360,516 units in the same period last year.

Chairman of Association of Pakistan Motorcycle Assemblers, Mohammad Sabir Sheikh informed the media that the hike comes after rupee depreciation against the Rupee. He added that cost of imported sheet metal has also rised due to the increase in customs duty.

Stay tuned to Brandsynario for more news and updates.

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