KARACHI: Pakistan Suzuki Motors, one of the leading players in the two-wheeler segment in terms of market share, has raised the price of its motorcycles as the automobile firm faces an uphill task in keeping itself afloat amid the Pakistani rupee’s persistent devaluation.
According to the notification sent by the company to its dealers, the latest rates would be applicable from May 9 onwards and remain intact till further notice.
The notification mentioned that the retail prices include the former factory product price and freight charges incurred on motorbikes which “are delivered at your dealership premises”.
| 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 that the rate of GD110s has been hiked to Rs335,000, GSX125 Rs488,000, GS150 Rs364,000,GR150 Rs521,000, and GW250JP Rs1.04 million, .
“The above prices are subject to change without any notice, and the price at the delivery time shall be applicable. Any Government tax applicable would be charged to the customer.”
The Suzuki company is the local assembler, manufacturer, and marketer of Suzuki vehicles, pickups, vans, 4x4s, motorcycles, and related spare parts. The Suzuki brand itself is from Japan.
Pakistan’s auto industry, dependent on imports, has been caught during the crisis, as the State Bank of Pakistan, after unabated rupee depreciation, imposed bans on the opening of letters of credit. Automobile Industries face hindrances in operations as the country’s reserves remain low.
The previous week, Atlas Honda — Pakistan’s big player in the two-wheeler segment in terms of local market share — hiked the prices of motorcycles for the fourth time this year. With the current increase, the bikes were made costlier by Rs5,000-15,000.
