Pak Suzuki Motor Company Ltd. (PSMCL) increased motorcycle prices by Rs20,000-25,000 from February 1.
The new prices for the GD110 S, GS150, GSX125, and GR150 are Rs264,000, Rs286,000, Rs384,000, and Rs410000, respectively.
However, no reason for the price hike was provided in the company’s email to authorised dealers.
PSMCL temporarily stopped taking new bike reservations on January 20 due to supply chain constraints based on imports and uncertain production capabilities in the present economic situation.
Only Pak Suzuki has had a smooth ride, with sales of 20,762 units in 6MFY23, up from 18,030 in the same period the previous year.
This is despite the fact that sales for all two-wheeler manufacturers have been stagnant due to rising cost, quality, and affordability issues.
According to the manufacturer of Hi-Speed motorcycles, the prices of the 150cc Infinity and 200cc Freedom models have increased by Rs25,000 and Rs2,500-Rs3,500, respectively.
After Toyota And Honda, Pak Suzuki Also Jacks Up Car Prices In Pakistan
Three auto manufacturers have raised their prices in reaction to the high policy rate and continuous rise of the dollar’s value compared to the Pakistani rupee, surprising customers who are already feeling the effects of surging inflation.
Pak Suzuki Motor Company, After Indus Motor, and Honda Atlas Cars, have raised the prices of their vehicles by between Rs115,000 and Rs355,000.
According to the most recent Suzuki pricing list, the price of the Suzuki Alto VX has risen by Rs160,000, to Rs1,859,000.
The price of the Alto VXR increased by Rs. 180,000 to Rs. 2,156,000, while the price of the Alto VXR AGS increased by Rs. 190,000 to Rs. 2,310,000.
Alto AGS’s price has risen by Rs200,000 according to the company’s new pricing of Rs2,423,000.
Pak Suzuki Motor raised the price of the Cultus VXR from Rs2,754,000 to Rs3,039,000, an Rs285,000 rise.
While the price of the Cultus VXL was raised from Rs3,024,000 to Rs3,339,000, an Rs315,000 increase.
Furthermore, an Rs335,000 increase has raised the purchase price of Cultus AGS to Rs3,569,000.
Pak Suzuki’s WagonR is no exception.
The WagonR VXL’s price has risen by Rs225,000 to Rs2,789,000, while the VXR’s price has risen by Rs208,000 to Rs2,629,000.
Customers will spend Rs3,059,000 extra for the WagonR AGS, an Rs257,000 premium.
Swift GLMT prices rose by Rs. 299,000 to Rs. 3,479,000, Swift GL CVT prices up by Rs. 322,000 to Rs. 3,742,000, and Swift GLX CVT prices rose by Rs. 355,000 to Rs. 4,115,000.
Pavan Manzoor is an experienced content writer , editor and social media handler along with a track record of youth-oriented activities in Pakistan and abroad. She was selected as a fully-funded delegate as a leadership fellow in Turkey. She also led a team of 5 volunteers at the week-long Young Professionals Fellowship in Maldives. She is also a member of the Youth Standing Committee on Higher Education.
