ISLAMABAD – Japanese motorcycle giant Yamaha has announced a price hike of up to Rs23 500 days after rival companies announced updated prices.
According to the new price list released by the auto giant, the price of YB 125-Z has been increased by Rs 21,000. The new price stands at Rs231,500 while it was previously priced at Rs210,500.
The price of YB 125Z-DX has been increased by Rs 22,500. It was previously sold at Rs 226,000 while the new price has been set at Rs 248,500.
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Its top-selling unit YBR125 has been priced up by Rs23,000 and it is now available at Rs255,000.
This would be Yamaha’s third price increase this year. Earlier in April, it announced an increase of up to Rs. 10,500 as the first price hike was announced in February.
Lately, Atlas Honda and Pak Suzuki Motor Company also announced a huge increase in motorcycle prices amid rampant inflation.
Despite the price increase, all manufacturers sold hundreds of thousands of units in the current fiscal year.