Honda, Yamaha, and Suzuki Raised Their Bike Prices in 2022

Overview

Bikes are considered to be an economical mode of transportation throughout the city. That can be affordable for every citizen middle class or lower middle class. But unfortunately, it is very sad news for us due to increasing bike prices now it’s going to be difficult for buying new bikes.

The biggest bike makers in Pakistan particularly Yamaha, Suzuki, and Honda have a reputation for raising bike prices after a month or two.

Honda CG 125 Installment Plan On Easy Conditions

2023 Suzuki Swift Coming In October

200% Fines Increase For Traffic Violation On Motorway

The following are the price increases for each bike from Pakistan’s main three two-wheeler manufacturers by 2022

Yamaha Bike prices

Yamaha raised bike pricing for a record-breaking seventh time this year in an effort to close out 2022 on a high note. Prices have been raised up to Rs. 13,500, according to the facts. The revised pricing will go into effect on January 4, 2023. Now you can also buy Yamaha ybr 125g installment plan with o% Markup.

The Yamaha YB125Z (Red/Black) price has increased by Rs. 12,000, and it now costs Rs. 305,500, up from Rs. 293,500 before.
The new pricing of Yamaha’s second bike, the YB125Z-DX (Red/Blue/Black), is Rs. 327,000, up from Rs. 314,500. That is, the price has risen by Rs. 12,500.
The third is the Yamaha YBR 125 (Red/Blue/Black), which has increased by Rs. 13,500 to a new price of Rs. 336,000 from the previous cost of Rs.322,500.
Meanwhile, the revised pricing of the YBR125G (Red/Black) is Rs. 349,500, down from Rs. 336,000 before. This means that the price has increased by Rs. 13,500.
The increased pricing of the Yamaha YBR125G (Matt Dark Gray) is Rs. 352,500, up from Rs. 339,000 before. As a result, you must pay an additional Rs. 13,500.

The latest price increases are unjustified, as usual. Although most motorcycles are manufactured and assembled in Pakistan, key components are imported by firms like Yamaha and Suzuki. Yamaha Pakistan imports parts such as engines, thus its rate is clearly linked to the dollar rate. Furthermore, import restrictions, especially those on CKD kits, may have hampered manufacturing, resulting in a price hike.

Suzuki Bike Prices

Meanwhile, Pak Suzuki Motor Company (PSMC) has announced 5 increases totaling up to Rs. 70,000.

The Suzuki GD110S price has increased by Rs. 45000, and it now costs Rs. 244,000 up from Rs. 199,000 before.
The new pricing of the Suzuki GS150 second bike,, is Rs. 266,000 up from Rs. 215,000. That is, the price has risen by Rs. 51,000.
Meanwhile, the revised pricing of GR 150 is Rs. 385,000 down from Rs. 315,000 before. This means that the price has increased by Rs. 70,000.
The newly launched Suzuki GX 125 price remains the same.

Atlas Honda Bike Prices

Atlas Honda announced seven small bike increases in 2022, resulting in a total price rise of up to Rs. 80,400 this year.

The Honda CD 70 price has increased by Rs. 26,600, and it now costs Rs. 121,500 up from Rs. 94,900 before.
The new pricing of the Honda CD 70 Dream bike is Rs. 129,900 up from Rs. 101,500. That is, the price has risen by Rs. 26,600.
Meanwhile, the revised pricing of the Honda Pridor is Rs. 161,900 down from Rs. 130,500 before. This means that the price has increased by Rs. 31,400.
The most famous Honda CG 125 bike price difference is 33,400. The old price is 152,500 and the new price is 185,900.
Further, we discuss Honda CG 125SE (Special Edition) price also increased to 219,500. The old price was 182,000 the difference is 33,500.
The new price of the Honda CB 125F bike is Rs. 283,900 raised from Rs. 218,500. The difference is 65,400.
The Honda CB 150 price has increased by 80,400, and its new price is Rs. 353,900 raised from Rs. 273,500 before.

Conclusion

Regardless of the cause, businesses, particularly those that sell motorcycles, must explain price rises so that customers understand why the products are so expensive. It will be the final price hike for the three biggest motorbikes manufacturers this year, and we think 2023 will be a great year for the car sector.

What are your thoughts on the sudden rise in motorbike prices? Are these price increases justified? Please leave your feedback in the comments area.