KARACHI: Atlas Honda Limited (AHL) has slashed the price of 70cc bikes in Pakistan, however, the company increased the price of CG-125.
As per new prices, the CD-70cc and CD-70cc Dream are now priced at Rs63,500 and Rs67,500 as compared to old prices of Rs69,900 and Rs73,500 respectively.
However, it has slightly increased the price of CG-125 Standard model by Rs400 to Rs102,900. The price of other 100-125cc models has remained unchanged.
Association of Pakistan Motorcycle Assemblers (Apma) Chairman Mohammad Sabir Shaikh said that since the dollar had been trading between Rs100-102, all Chinese bike assemblers have been working under pressure.
He said further reduction in Honda bike price may give tough time to Chinese bike assemblers.