Atlas Honda — the most important participant within the two-wheeler phase in Pakistan — as soon as once more notified a rise within the worth of its bikes.
That is the third time in 2023 that the corporate has raised the costs of its bikes. With the latest enhance, the bikes have been made costlier by Rs7,000-25,000.
The brand new charges got here into impact on March 3.
Following are the brand new retail promoting worth (ex-factory):
Mannequin |
Retail worth
|
Gross sales tax — 18% |
Retail worth
|
| CD70 (Pink, Black) | Rs122,796.61 | Rs22,103.39 | Rs144,900 |
| CD70 DREAM | Rs131,779.66 | Rs23,720.34 | Rs155,500 |
| PRIDOR (Pink, Black, Blue) | Rs161,440.68 | Rs29,059.32 | Rs190,500 |
| CG125 (Pink, Black) | Rs182,118.64 | Rs32,781.36 | Rs214,900 |
| CG125S (Pink, Black) | Rs216,864.41 | Rs39,035.59 | Rs255,900 |
| CB125F (Pink, Black, Blue) | Rs297,372.88 | Rs53,527.12 | Rs350,900 |
| CB150F (Pink, Black) | Rs376,186.44 | Rs67,713.56 | Rs443,900 |
| CB150F (Silver) | Rs379,576.27 | Rs68,323.73 | Rs447,900 |
The corporate has been elevating costs as a result of fixed fluctuations of the Pakistani rupee towards all main currencies, particularly the US greenback, coupled with an increase in the price of manufacturing.
Final month, Atlas Honda jacked up costs of bikes within the vary of Rs9,000-35,000. Earlier in January, the corporate elevated bike costs by Rs7,400-30,000.
Amid the continuing financial disaster, Pakistan’s vehicle sector has been hit arduous owing to issues with the opening of letters of credit score, arising as a result of quickly depleting overseas change reserves and a weakening rupee.
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