Tag: motorcycles
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Inventory shortage forces Pak Suzuki to extend motorcycle plant shutdown
Pak Suzuki Motor Company (PSMC) has officially announced the extension of the shutdown of its motorcycle plant until June 16, 2023. The decision was conveyed to the Pakistan Stock Exchange (PSX) through a notice on Tuesday. The company attributed this action to ongoing government restrictions on imports, which have negatively impacted the automotive industry and…
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Pakistan did not consult IMF regarding discounted petrol for low-income people: Esther Perez
According to the International Monetary Fund (IMF), Pakistan’s government did not seek advice from the multilateral lender regarding the discounted petrol for the low-income group. The government’s plan to increase fuel costs for more affluent drivers to pay for a subsidy for those with lower incomes, according to Esther Perez, the IMF’s resident representative for…
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Motorcycle dealers reportedly demanding Rs40,000 extra for instant delivery of Honda CG125
The market for new and used motorcycles in Akbar Road, Karachi, which is the largest in the country, is experiencing a shortage of Honda CG-125 bikes at the showrooms of the company’s authorised dealers. The dealers are reportedly not accepting fresh bookings from customers due to thin supplies from the assembler. Non-Honda dealers are reportedly…
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Atlas Honda announces second price hike within 20 days due to depreciation of Pakistani rupee
Atlas Honda has announced its second price increase in the last 20 days, attributing it to the substantial depreciation of the Pakistani rupee against the US dollar, which had also led to their earlier bike price hike on February 15, 2023. According to the company’s notification, Honda bike prices will be as follows: Honda CD70…
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Yamaha passes sales tax burden to customers: YBR 125G price increased to Rs353,000
Yamaha has recently announced its first price increase of 2023, affecting all of its motorcycles. The latest announcement marks the second increase in prices since December, with the highest increase being up to Rs3,500. Despite this, Yamaha has implemented the smallest price increases compared to its competitors and has only raised its bike prices once…
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Honda Atlas passes on sales tax burden to customers with another massive price hike
Here are Honda cars latest prices
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Pak Suzuki increases motorcycle prices by up to Rs25,000
Pak Suzuki Motor Company Ltd. (PSMCL) has increased motorcycle prices by Rs20,000-25,000, effective February 1st. The new rate for GD110 S, GS150, GSX125, and GR150 is Rs264,000, Rs286,000, Rs384,000, and Rs410,000. However, the company’s communication to authorised dealers lacked any explanation for the price increase. PSMCL had temporarily ceased taking new bike orders as of…
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‘We are unable to serve new customers’: Pak Suzuki announces booking suspension for all motorcycles
Pak Suzuki Motor Company (PSMC) stated on Thursday that it had halted taking reservations for motorbikes until further notice due to issues with manufacturing and procurement following the consecutive closures of its automobile assembling factories caused by an ongoing inventory crisis.
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Lahore Traffic Police issues 99,000 challans to motorcyclists in less than a month
In the last three weeks, 99,000 motorcyclists received challans from the Lahore City Traffic Police (CTP) for not wearing helmets.
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Islamabad police launches crackdown against unregistered vehicles
The Islamabad Capital Territory Police (ICTP) has initiated a crackdown against unregistered vehicles in the federal capital. Details reveal that during the current year 2022, 8,951 unregistered cars, trucks, and motorbikes received fines from the ICT police. For the purpose of inspecting the unregistered vehicles operating on the roads, special enforcement squads have been formed.…