Tag Archives: Bike makers raise prices

prices by Rs5,000-25,000 due to rupee depreciation and costly raw materials. It is observed that assemblers act quickly in raising prices whenever the rupee loses its value against the dollar, however, they hesitate to reduce when the local currency appreciates. According to the announcement made by Atlas Honda Ltd (AHL), the new prices of Honda CD-70, CD-70 Dream, Pridor, CG125, …

KARACHI: Manufacturers of two and three-wheelers and auto loaders jacked up prices in the range of Rs500-Rs10,000 citing rising raw material prices in the international market and recent bouts of currency devaluation. Crown Motorcycle, manufacturer of bikes and loaders, raised prices by Rs2,000-5,000 on Thursday. In addition, rickshaw and motorcycle manufacturer Road Prince jacked up prices in the range of …