Honda Increases the Prices of Motorcycles for 6th Time in 2021
Keeping up its unjustified price gouging practice, Atlas Honda has decided to announce an increase in bike prices for the sixth time this year. The prices have been increased by up to Rs. 6,500 and are reportedly set to take effect from October 1, 2021.
The following are the new prices of all Atlas Honda motorcycles:
|Bikes||Old Price (Rs.)||Revised Price (Rs.)||Price Increase (Rs.)|
|CD 70 Dream||93,500||97,500||4,000|
|CG 125 SE||170,500||177,000||6,500|
|CB 125 F||205,500||212,000||6,500|
|CB 150 F||260,500||267,000||6,500|
|CB 150 F SE||264,500||271,000||6,500|
Atlas Honda has increased the prices of its motorcycles multiple times this year, adding up to Rs. 23,500 within just 2021, which is astonishingly high regardless of the ongoing supply chain issues.
Atlas Honda is the largest and most profit-making motorcycle manufacturer in Pakistan, with a vast number of resources at its disposal. It has been assembling motorcycles locally for three decades, building the same old basic motorcycles with a few revisions to date.
The company has localized most of the parts of its motorcycles, yet it still continues to increase the prices of its bikes unabated. The recent price hike has placed even the most basic motorcycles beyond the purchasing power of Pakistanis, which should be a cue for the government to intervene and fix the prices as they were planning to do for the carmakers a few months ago.