Pak Suzuki Motors, one of the major players in the two-wheeler segment in terms of market share, has hiked the prices of its motorcycles as the automobile industry finds it difficult to sustain itself amid the continuous depreciation of the rupee. is facing
According to a notification sent by the company to its dealers, the new prices will be effective from May 9, and will remain in place until further notice.
Retail prices include ex-factory product cost and freight charges on motorcycles that are “delivered to your dealership premises”, the notification said.
| S. No | Model | Retail Price (rupees) |
| 1 | GD110s | 335,000 |
| 2 | GS150 | 364,000 |
| 3 | GSX125 | 488,000 |
| 4 | GR150 | 521,000 |
| 5 | GW250JP | 1,040,000 |
According to the notification, the price of GD110s has been increased to Rs 335,000, GS150 Rs 364,000, GSX125 Rs 488,000, GR150 Rs 521,000, and GW250JP Rs 1.04 million.
“The above prices are subject to change without notice, and the price will be applicable at the time of delivery. Any government tax charged to the customer will apply.”
The company is a local assembler, manufacturer and marketer of Suzuki cars, pickups, vans, 4x4s and motorcycles as well as related spare parts. Meanwhile, the Suzuki brand itself hails from Japan.
Pakistan’s auto industry, which is heavily dependent on imports, is in the grip of a crisis, as the State Bank of Pakistan has imposed restrictions on opening letters of credit (LCs), following the devaluation of the rupee. Due to low domestic reserves, industries are facing obstacles in their operations.
Last week, Atlas Honda – Pakistan’s largest company in the two-wheeler segment in terms of market share – hiked the prices of motorcycles for the fourth time this year. With recent hikes, bikes have become expensive by Rs 5,000-15,000.
