Atlas Honda on Tuesday increased the prices of its motorcycles by up to Rs 30,000, prompted by a significant depreciation of the Pakistani rupee, import restrictions, and an increase in the cost of production of automobiles.
Atlas Honda has announced another major price hike for its motorcycle lineup, with the new prices coming into effect on February 1. Honda Atlas raises motorcycle prices by up to Rs. 30,000. This is the company’s first price hike this year.
Although the company has not given a reason for the increase, rupee depreciation against the US dollar seems to be the “main culprit.”
The latest price hike underscores the influence of currency fluctuations on the motorcycle sector in Pakistan. Following the hike,The Honda CD70 Dream has received a price hike of Rs 8,000, bringing the revised price to Rs 137,900.
The Pridor variant of the Atlas Honda is now available at Rs 170,900 after a price revision of Rs 9,000. The price of CG125 increased by Rs 9,000 to Rs 194,900. After an increase of Rs 11,400, the new price of the CG125S becomes Rs 230,900.
The rate of CB125F has increased from Rs 219,500 to Rs 305,900. The CB150F and CB150F (Silver) have received a price hike of Rs 30,000 and are now available at Rs 383,900 and Rs 387,900, respectively.