Pak Suzuki Announces 2nd Price Hike of 2021

Concerned authorities continue to maintain their silence as motorcycle manufacturers across Pakistan choose to persist with unmitigated price hikes. An official notification from Pak Suzuki Motor Company (PSMC) was released over the weekend indicating that it had introduced its second price hike for the 2021 calendar year.

The new prices became effective on 1 August 2021, and are as follows:

Model Old Prices (Rs.) Revised Prices (Rs.) Price Increase (Rs.)
GD-110 S 181,000 186,000 5,000
GS-150 197,000 202,000 5,000
GS-150 SE 214,000 219,000 5,000
GR-150 290,000 295,000 5,000

ALSO READ

Yamaha Pakistan Announces A Big Increase in Bike Prices


Evidently, the prices of all the motorcycles have been increased by Rs. 5,000; and while the prices of the 150cc motorcycles have been revised in just under six months, the GD-110 S has had its first price hike in nine months.

The trend of frequent unexplained price hikes has become commonplace for motorcycle manufacturers all over Pakistan. Besides the PSMC’s second price hike of the year, Honda Atlas and Yamaha have also announced several questionable price hikes.

On the one hand, the automakers tend to blame the increasing shipment costs and the fluctuating rate of the American Dollar against the Pakistani Rupee but the general public becomes the actual victim of such extravagant and frequent price hikes on the other hand.


ALSO READ

Chinese Bike Companies One Step Ahead With Bike Price Hikes


In addition to the policy for the 4-wheeler industry, there is now a growing need for the government to devise a policy for the two-wheeler industry to encourage more competition in it and to stringently monitor motorcycle makers, their quality control measures, and their pricing strategies.

The post Pak Suzuki Announces 2nd Price Hike of 2021 appeared first on .