Overview
Suzuki bike prices have risen to Rs. 20,000. According to the announcement, the higher prices will go into effect on May 9, 2023. Importantly, this is Suzuki’s second price increase in a month, with the last increase occurring on April 7, 2023.
New Suzuki Bike Prices
The Suzuki GD 110S used to cost Rs. 322,000, but following a Rs.13, 000 price increase, it now costs Rs. 335,000.
Meanwhile, the Suzuki GS 150 was formerly available for Rs. 350,000, but following an Rs. 14,000 price increase, its current price is Rs. 364,000.
The Suzuki GSX 125 was previously priced at Rs. 469,000. However, following a Rs.19,000 price rise, the bike now costs Rs. 488,000.
Finally, the Suzuki GR150 was previously priced at Rs. 501,000. The GR 150 now costs Rs. 521,000 after a Rs. 20,000 price hike.
Suzuki bikes are Cost Effective
The majority of buyers cannot afford PSMC’s bikes at their current prices. Chinese motorcycles may still be an acceptable choice. They do, however, have their own challenges, such as poor after-sales service, poor build quality, reliability issues, and low resale value.
According to industry figures, Pakistan has achieved up to 90% localization in bike manufacturing. Unfortunately, if buyers continue to pay ridiculous amounts for obsolete motorcycles, this localization will be worthless.
Terms and Condition
- The retail prices include (a) the product’s ex-factory price and (b) freight expenses.
- The prices shown above are subject to change without notice.
- The price in effect at the time of delivery shall apply.
- Any relevant government tax will be levied on the consumer.
Conclusion
Only the company’s automotive segment is impacted by this production stoppage. The bike manufacturing facility will continue to operate and won’t be shut down, according to Pak Suzuki. If the company’s plans change, consumers will be notified.
