Yamaha announced its third price increase for all motorcycles in 2023. Coincidentally, the announcement follows Atlas Honda’s announcement of a price rise.
The price of motorcycles has increased to Rs. 410,000 since the previous announcement in March.
|Model||Old Price (Rs.)||New Price (Rs.)||Increase price|
|YB 125Z DX||366,500||381,500||15,000|
|YBR 125G (Matte Gray)||394,500||410,000||15,500|
Yamaha has only ever increased the cost of its bikes three times. However, each price raise has been important.
The company increased bike pricing seven times in the year before. Dealers and industry analysts anticipate more price rises this year because of the ongoing financial issues.
The majority of bike manufacturing, according to the most recent government data, has been localized in Pakistan. The producers of motorcycles have no reason to raise prices so frequently or by such wide margins.
The majority of consumers are unable to afford brand-new bikes because of the recent price hikes. The government has been called upon to address the issue, but no reaction was provided by the relevant parties.