Atlas Honda and United Auto Industries Increase Bike Prices
Atlas Honda and United Auto Industries raise bike prices due to inflation and input costs, effective May 1 and May 9 respectively.
Atlas Honda Ltd, the leading motorcycle manufacturer in Pakistan, has announced an increase in the prices of its two-wheeler lineup. Effective from May 1, 2023, the prices of all Atlas Honda models have been increased by Rs5,000-Rs15,000. Similarly, United Auto Industries has also announced an increase in prices for their 70cc-125cc models, effective from May 9, 2023.
The price hike by Atlas Honda is due to the increase in input costs, inflation, and other economic factors. Here are the new prices of Atlas Honda models:
- Honda CD70 Rs154,900
- CD70 Dream Rs165,900
- Pridor Rs203,900
- CG125 Rs229,900
- CG125S Rs275,900
- CB125F Rs380,900
- CB150F Rs473,900
- CB150F-Silver Rs477,900
United Auto Industries, on the other hand, has increased its prices by Rs3,000-Rs5,000 for its 70cc-125cc models, effective from May 9, 2023. This price hike is also due to the increase in input costs and inflation.
The increase in prices of two-wheelers by these leading motorcycle manufacturers is likely to have an impact on consumers. With rising inflation and the cost of living, purchasing a new two-wheeler may become more difficult for some. However, these companies are not alone in raising prices. Other industries and sectors are also facing similar challenges due to the economic conditions.
It remains to be seen how consumers will react to the price hike and whether it will affect the sales of Atlas Honda and United Auto Industries. In the meantime, it is recommended that consumers consider their options and make informed decisions based on their needs and budgets.
In conclusion, the recent price hikes by Atlas Honda and United Auto Industries are a reflection of the current economic conditions in Pakistan. While it may be difficult for some consumers, these companies have no choice but to increase prices to stay competitive and maintain profitability.