| Suzuki GD 110 Price in Pakistan | Suzuki GSX 125 Price in Pakistan |
| Suzuki GS 150 Price in Pakistan | Suzuki GR 150 Price in Pakistan |
In the 7th price hike of the year, Suzuki has raised the prices of its motorcycles by up to Rs.18,000. Just in the previous price hike, bike prices saw an increase of as much as Rs.26,000. This development may disappoint individuals who had their sights set on buying Suzuki bikes in the coming days. Is the ongoing series of price hikes reasonable? We will see it 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.
| Model | Old price (PKR) | New price (PKR) | Difference (PKR) |
| Suzuki GD 110s | 335,000 | 352,000 | 17,000 |
Suzuki GSX 125 Price in Pakistan
Here is the latest price of Suzuki GSX 125.
| Model | Old price (PKR) | New price (PKR) | Difference (PKR) |
| Suzuki GSX 125 | 499,000 | 499,000 | 0 |
Suzuki GS 150 Price in Pakistan
This is the new price of Suzuki GS 150 in Pakistan.
| Model | Old price (PKR) | New price (PKR) | Difference (PKR) |
| Suzuki GS 150 | 364,000 | 382,000 | 18,000 |
Suzuki GR 150 Price in Pakistan
Check out the latest Suzuki GR 150 price in Pakistan.
| Model | Old price (PKR) | New price (PKR) | Difference (PKR) |
| Suzuki GR 150 | 547,000 | 547,000 | 0 |
*These prices are effective from 01-Oct-2023.
Conclusion
The official reason behind this latest price hike remains undisclosed. While it might seem reasonable due to the increased interbank exchange rate since the last adjustment for the GD 110S & GS 150 on May 9, 2023, the rate at which the prices have increased appears disproportionate. This is because the dollar rate has actually decreased, with 1 USD being approximately equal to ~288 PKR on Oct 1, 2023, compared to ~285 PKR on May 9, 2023 (last price hike for GD 110S & GS 150). The difference is only about 1%, yet prices have gone up by nearly 5%, which raises concerns about fairness.
Notably, Suzuki has refrained from increasing prices for the GD 110S and GS 150 models, which were adjusted last month. It’s essential to highlight that Suzuki’s motorcycle sales have been on a year-on-year decline. Consumers are reacting negatively to what they perceive as unfair price hikes, and this is already impacting sales. Suzuki’s production plant closures due to LC issues and reduced demand are further adding to the challenges. These factors are expected to continue to harm sales in the coming days.
What are your thoughts on the latest price hike wave in Pakistan? Tell us in the comment section below.
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