Honda Raises Bike Prices To Nearly Rs140,000 With CD 70
The ongoing devaluation of the Pakistani rupee has sparked a new round of price hikes that are wreaking havoc on people. The latest entrant in this saga is Atlas Honda who has increased their prices to Rs 35,000.
From 15th February, the prices of the new Honda bikes are as follows:
| Model | Current Prices (Rs.) | Revised Prices (Rs.) | Increase (Rs.) |
| CD 70 | 128,900 | 137,900 | 9,000 |
| CD 70 Dream | 137,900 | 147,500 | 9,600 |
| Pridor | 170,900 | 181,500 | 10,600 |
| CG 125 | 194,900 | 205,900 | 11,000 |
| CG 125 Special Edition | 230,900 | 243,900 | 13,000 |
| CB 125 F | 303,900 | 330,900 | 25,000 |
| CB 150 F | 383,900 | 418,900 | 35,000 |
| CB 150 F SE | 387,900 | 422,900 | 35,000 |
With several price increases during the quarter, the company’s revenue fell 3% from Rs 36,260 crore in the same period last year.
Revenue, however, rose 19% sequentially. The sales increase was driven by higher volumetric sales, which rose about 9% year over year to 272,638 units sold.
Bike sales and profits have been hurt by the recent production problem. In addition, Honda announced several price increases in recent months, which reduced demand. Given the current state of the economy, it looks like more price hikes and sales cuts are on the way.
Also Read: At That Time, A Further Rise in Petrol Prices is Expected
