Suzuki Follows Yamaha and Increases its Bike Prices
Following Yamaha’s trail, the Pak Suzuki Motor Company (PSMC) has also increased the prices of its motorcycles by up to Rs. 8,000, effective from today (1 December).
The new prices of all the Suzuki motorcycles are:
|Model||Old Prices (Rs.)||Revised Prices (Rs.)||Price Increase (Rs.)|
The PSMC has increased the prices of its motorcycles for the fourth time this year and has recorded an increase of up to Rs. 28,000 since the start of the 2021 calendar year. The revised prices are irrespective of improvements in the current products, except for minor cosmetic changes in the GD-110 S.
A few months ago, a senior motorcycle trader told the media that the prices of bikes are increasing due to an increase in the costs of manufacturing, and that the prices of raw materials alone have risen exponentially.
The recent price hikes have put two-wheelers out of the reach of the majority of the public. Although several media outlets have repeatedly highlighted the issue, the government is yet to intervene in the two-wheeler industry to ensure the stability of prices.