Overview
Pak Suzuki Motor Company (PSMC) has hiked the bikes prices of it for the second time in sixteen days.
Although the manufacturer did not indicate why the recent rise in the value of the dollar is most likely to blame. Prices have risen by a startling Rs. 41,000.
New Suzuki Bikes Prices
The Suzuki GD 110S used to cost Rs. 264,000, but following an Rs. 26,000 price increase, it now costs Rs. 290,000.
Meanwhile, the Suzuki GS 150 was formerly available for Rs. 286,000, but following an Rs. 29,000 price increase, its current price is Rs. 315,000.
The Suzuki GSX 125 was previously priced at Rs. 384,000. However, following an Rs. 38,000 price rise, the bike now costs Rs. 422,000.
Finally, the Suzuki GR150 was previously priced at Rs. 410,000. GR 150 now costs Rs. 451,000 after an Rs. 41,000 price hike.
Suzuki bikes are Cost Effective
At their present rates, most of the purchasers cannot afford PSMC’s bikes. Chinese motorcycles may still be an affordable alternative. They do, however, have their own difficulties, such as poor after-sales support, poor build quality, dependability concerns, and low resale value.
According to industry statistics, Pakistan has achieved up to 90% localization in the production of bicycles. Unfortunately, if customers continue to pay high rates for outmoded motorcycles, this localization will be ineffective.
Conclusion
This manufacturing halt affects just the company’s automotive division. Pak Suzuki has already said clearly that the bike production plant would remain functional and will not be closed. In the event that plans alter, the corporation will notify customers.
