Honda Announces Third Huge Increase in Bike Prices This Year
A fresh round of price increases that are brutalizing the public are the result of the widespread depreciation of the local currency.
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Atlas Honda, the most recent player in this tale, has raised rates by as much as Rs. 25,000.
The following prices are effective immediately for new Honda motorcycles:
| Model | Old Prices (Rs.) | Revised Prices (Rs.) | Increase (Rs.) |
| CD 70 | 137,900 | 144,900 | 7,000 |
| CD 70 Dream | 147,500 | 155,500 | 8,000 |
| Pridor | 181,500 | 190,000 | 8,500 |
| CG 125 | 205,900 | 214,900 | 9,000 |
| CG 125 Special Edition | 243,000 | 255,000 | 12,000 |
| CB 125 F | 330,000 | 350,000 | 20,000 |
| CB 150 F | 418,900 | 443,900 | 25,000 |
| CB 150 F SE | 422,900 | 447,900 | 25,000 |
The current production difficulties are hurting bike sales and earnings. In addition, Honda has repeatedly raised prices since January 2023, which has decreased demand.
A new round of price increases in the automotive industry have been made possible by the sharp jump in the dollar exchange rate in recent days.
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While there is currently a strange lack of activity in the market, it is expected that other bike manufacturers will soon follow Honda’s lead.
Bike sales are anticipated to significantly decline with that possibility in the near future.
Stay tuned with Al Sadat Marketing for more updates.
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