Suzuki, Yamaha Motorcycles Prices Increased
Suzuki, Yamaha Motorcycles Prices Increased: Pakistan Automotive Manufacturers Association’s (Pama) data showed that sales of motor bikes recorded an appreciable growth in the first ten months of the current fiscal year. Motorcycle sales ended up to 976,492 units during the July-April period as compared to 817,252 in the corresponding period last fiscal year.
Honda for the first time recorded monthly sales of over 100,000 units during January, March and April. The popular brand recorded cumulative sales of 953,556 units during the July-April period as against 795,580 a year earlier.
Sales of Suzuki recorded a rise of 16.8 percent to 17,811 units during the first 10 months of the current fiscal year, while Dawood Yamaha’s sales fell 20 percent to 5,125 units in the first 10 months, Pama data showed.
Increase In The Price
Retail prices of two wheelers continued to increase during the first three months of the current calendar year due to rupee depreciation; although price hike couldn’t hit the sales on growing demand, dealers said.
Price of Suzuki GR-150cc increased Rs.3,000 to Rs.2,22,500 during the first three months of 2018. Early this year, price of the same model stood at Rs.219,000/unit. The price of other brands of Suzuki recorded an increase of Rs.8,500/unit in the three months period. New prices of Suzuki brand are Rs.167,000 (GS 150SE), Rs.147,000 (GS 150cc) and Rs.139,500 (GD-110s).
Price of Yamaha model YB125z increased Rs.2,000 to Rs.117,900 during the three months, while two other models registered an increase of Rs.4,000. Prices of Yamaha YBR125G stood at around Rs.137,900 and other model YBR125 at Rs.133,900. Likewise, price of Honda CG125 moved up to Rs.109,000 from Rs107,500, while price of Honda CG125 Dream rose Rs.1,500 to Rs.108,400.
- Prices of its two other variants Deluxe 125 and CB 150F increased Rs.3,000 and Rs.6,000 to Rs.129,500 and Rs.165,000, respectively.
Motorcycle dealers said prices increased owing to a 10% depreciation of rupee versus dollar since December.
Despite increase in price the demand would not be subdued as low income group prefers cheaper mode of transport, while there is too shortage of public transportation.
For More Information & Videos Subscribe To Our YouTube Channel