Overview
Car and motorbike manufacturers follow in the footsteps of each other in price hikes. After Honda and Yamaha United bike prices hiked. Motorbikes were the most affordable commuting system for regular users. but it seems in the coming year motorbikes and car prices are slightly different.
The back-to-back jump in vehicle prices affects the sale. Meanwhile, import restrictions and the overall descending economic environment make hurdles for automakers to earn on good terms.
United mentioned in a price hike notification that the company is forced to increase prices due to ongoing unstable economic conditions. On the other side devaluation of the rupee value against the dollar also is a big obstacle in production.
Imported products are counted in dollar current value and cars and motorbike manufacturers change prices suddenly due to changes in rupee value.
United Bikes New Prices
United Motors has increased the prices of its motorbikes. But the price of the United US Scooty 100 and United US 150 Ultimate is unchanged so far. These two models offer at the same rate company has announced previously. Here are the prices of the rest of the models as per the new notification issued.
- The first one is the most popular motorbike United US 70 which is now available for Rs. 106,500 after a jump of Rs. 3000 from the old price of Rs. 103,500.
- United US 100 previously cost Rs. 108,500 but now it’s available for Rs. 10,500, observing a jump of Rs. 2000.
- The last one is United US 125 which is now available for Rs. 159,000 against the old price of Rs. 154,000.
Conclusion
Automakers are forced to increase prices because they are paying high rates for raw material imports due to government restrictions and high taxes. Motorbikes prices saw jumps with cars and prices are not even stable for a month. The massive increase in car prices makes the car sale down compared to the previous year. automakers observe several non-productive days due to the non-availability of raw materials and its effect on the sale of vehicles as well.
