Business

LAHORE – Honda, Pakistan’s leading bike manufacturer company has increased prices of its bikes which will be effective from September 1 as per notification issued by the company to dealers.

New prices are as follow:

• CD-70 PKR 74,900

• CD Dream PKR 78,900

• Honda Pridor PKR 101,500

• CB150F PKR 209,500

The previous prices were as follow:

• CD-70 PKR 73,900
• CD Dream PKR 77,900
• Honda Pridor PKR 100,900
• CB150F PKR 205,500

However, the company didn’t reveal as to why it hiked the rates. A local bike dealer Sharafat Ali told Daily Pakistan the rates were increased by Honda due to the rupee depreciation against the dollar and the uncertainty in the economic environment of Pakistan.