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Suzuki Bike Prices in Pakistan Increased by Up to Rs.20,000

Suzuki Bike Prices in Pakistan Increased by Up to Rs.20,000
Suzuki GD 110 Price in PakistanSuzuki GSX 125 Price in Pakistan
Suzuki GS 150 Price in PakistanSuzuki GR 150 Price in Pakistan

In a 5th price hike of the year, Suzuki has increased the prices of its bikes by as much as Rs.20,000. In the previous price hike, bikes prices were increased by as much as Rs.46,000 . This development came after other two major bike companies (Honda & Yamaha) increased their bike prices. Is the current wave of price hike justified, we will se in this blog.

Check out the new Suzuki bike prices in Pakistan 2023 here.

Suzuki GD 110S Price in Pakistan 

Here are the new prices of Suzuki GD 110s in Pakistan.

ModelOld price (PKR)New price (PKR)Difference (PKR)
Suzuki GD 110s322,000335,00013,000

Suzuki GSX 125 Price in Pakistan

Here is the latest price of Suzuki GSX 125.

ModelOld price (PKR)New price (PKR)Difference (PKR)
Suzuki GSX 125469,000488,00019,000

Suzuki GS 150 Price in Pakistan 

This is the new price of Suzuki GS 150 in Pakistan.

ModelOld price (PKR)New price (PKR)Difference (PKR)
Suzuki GS 150 350,000364,00014,000

Suzuki GR 150 Price in Pakistan 

Check out the latest Suzuki GR 150 price in Pakistan.

ModelOld price (PKR)New price (PKR)Difference (PKR)
Suzuki GR 150 501,000521,00020,000
suzuki-bike-prices-in-pakistan

*These prices are effective from 09-May-2023.

Conclusion

Well! We don’t know the official reason yet. And this price hike seems unjustified because if we see dollar rate, it is almost the same or has a little (negligible) difference compared to the date (7-Apr-2023) of previous price hike. On this date, 1 USD was equal to almost Rs.284.65. Currently (9-May-2023), 1 USD is equal to almost Rs.284 (interbank rates – Forex.pk). As there is nearly no change in the forex rate, the latest price hikes by all the bike assemblers are not justified.

Suzuki bike sales are declining when we see them year-on-year basis. Consumers are already responding to these unjust price hikes. Suzuki also had to close the production plat due to LCs issue. All these factors are going to affect the sales negatively in coming days as well.

Do you think that the latest price hike is justified? Tell us in the comment section below.

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