Suzuki Bikes Price Increase For The Forth Time In Pakistan

Suzuki BikesSuzuki Bikes Price Increase For The Forth Time In Pakistan

Suzuki bikes price increase

Suzuki was among the highest market share holder in the market for their affordable cars. However, in recent years, Suzuki bikes have gained popularity over Honda Atlas because of their unique sporty look and amazing features. Following the competitors like Honda and Yamaha, Suzuki bikes price increase was inevitable. Therefore, get ready for the fourth price hike of Suzuki bikes in Pakistan in 2022.

Following Honda, Toyota, MG and KIA price increases for their cars due to currency depreciation, bikes are also prey to it. It is for the fourth time in 2022 that the prices of Suzuki bikes are going to reach a high level than before.

Suzuki Bikes Price Increase

Suzuki bikes price increase

The company announced that the new prices would be effective from 1st August. Therefore, the new prices are as follows:

ModelOld Price (Rs.)New Price (Rs.)Increase (Rs.)
GD-110S219,000229,00010,000
GS-150239,000251,00012,000
GS-150 SE256,000271,00015,000
GR-150349,000365,00016,000

Even in 2021, Pak Suzuki Motor Company also observed a price hike. The average increase in the models was around Rs. 28,000 from January to December. Due to the economic instability, the company was forced to do the same this year. But, the Suzuki bikes price increase this year is Rs, 50,000 till August 2022.

Effects Of Price Hike

Suzuki bikes price increase

Bikes used to be an affordable conveyance for the people of Pakistan. In comparison to cars, bikes are convenient to ride on the congested roads of Pakistan. Also, they are fuel efficient and low cost, so people opt to use bikes for their day-to-day work. But, this continuous price increase is harming the stakes of the buyers of bikes.

Bikes are getting out of reach of many customers in Pakistan which is a hindrance to transport to the public. The government needs to intervene in this matter to stabilize the prices. Otherwise, the people of Pakistan would have no choice other than to stay at home or walk to distances to work.

Duaa Naeem
Duaa Naeem
Dua is a seasoned writer who loves to write on Pakistani Entertainment and Infotainment while having her Masters in English literature

Must read

Recent News

Banks asked to provide 40% loans to SMEs to promote small businesses: PM

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has said that he has asked the banks to provide at least 40 percent of loans to the...

Monsoon rains expected in KP and Punjab in next 24 to 72 hours

0
NDMA issues alert to relevant departmentsISLAMABAD, Pakistan: The National Disaster Management Authority’s (NDMA) National Emergency Operations Center (NEOC) has anticipated more rain wind/thunderstorms...

Interbank Dollar Rate Today in Pakistan – 21 August 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 21,...

Pakistan, Germany reaffirm commitment to deepening bilateral cooperation in trade, investment

0
ISLAMABAD, Pakistan: Germany's Federal Minister for Economic Cooperation & Development Svenja Schulze met with the Federal Minister for Commerce Jam Kamal Khan in Islamabad...

How to apply for Punjab’s Apni Chat Apna Ghar program

0
The Punjab Chief Minister Maryam Nawaz Sharif has officially launched the "Apni Chat Apna Ghar" program, aimed at providing affordable housing to the people...
Advertisement