Pak Suzuki and Yamaha have increased the prices of their motorcycles by up to Rs8,000. This is the fifth increase by both motorcycle companies in the calendar year 2021. However, the market leader Honda has announced seven prices increases this year.
Honda last increased motorcycle prices by up to Rs6,500 in November. It is not likely to increase prices this month again.
All the motorcycle companies have seen an uptick in demand due to increasing petrol costs in the country.
Yamaha YB125Z has seen a price hike of Rs6,000 and will cost Rs190,000 against the old price of Rs184,000.
The prices of Yamaha YB125Z DX and YBR125 have gone up by Rs.7000. These variants will now be selling for Rs205,500 and Rs211,000, respectively.
Yamaha last increased its prices on October 1.
Suzuki GD110S, GS150CC and GS150SE have seen a price jump of Rs5,000. These three variants are now available at Rs199,000, Rs215,000 and Rs232,000.
Suzuki GR150CC will now be selling for Rs315,000 after an increase of Rs8,000.
The new rates of Suzuki and Yamaha are effective from December 1.