For The Fourth Time In 2022, Pak Suzuki Have Raise Bike Prices
August 3, 2022 / By Zunair Tahir / Automotive News
Following Atlas Honda and Yamaha, Pak Suzuki Motor Company (PSMC) has also raised the price of their motorbikes as a result of the devaluation of local currency.
This is the fourth price increase PSMC has announced for its motorcycles this year. The new ex-factory costs for PSMC bikes as of August 1 are as follows:
Suzuki’s GD 110S, GS 150, GS 150SE, and GR 150 all had starting prices of Rs. 199,000, Rs. 215,000, Rs. 232,000, and Rs. 315,000, respectively, at the beginning of 2022.
This indicates that costs have increased this year by up to Rs. 50,000. Last year, PSMC hiked bike costs four times. Suzuki bike costs increased by much to Rs. 28,000 between January and December 2021.
Two-wheelers are now out of the price range for the majority of purchasers due to the bike industry’s recurrent price increases over the past two years. The bike sector in particular need the government’s attention because of this problem.
People of Pakistan are facing serious economic crisis and the companies are increasing the prices of their bikes day by day and for the local people it is very difficult to afford a good bike now and if u assume that a private job person whose salary is around 40,000/: is not able to afford these Suzuki bikes in this price range he will be forced to buy used bike or that bike whose maintenance is low and parts are easily available in the market.
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