Yamaha has raised its bike prices in response to a price increased by rival Honda Atlas. The increased prices will go into effect on July 26, 2021.
Yamaha Motor Pakistan raised prices for their three variants. First and foremost, the price of the Yamaha YB 125 Z has increased by Rs 7,000, to Rs 176,000, from Rs 169,000. The second bike is the Yamaha YB 125Z-DX, which has seen a price increase of Rs 7,500, bringing the new price to Rs 190,000, up from Rs 182,500 previously.
Last but not least, the Yamaha YBR has a revised price of Rs 196,000, up from Rs 188,000 previously. This implies the bike’s price has risen by Rs 8,000. The most significant price increase has occurred in YBR.
Earlier Yamaha Bike Price Hikes
The firm raised the prices of its bikes by up to Rs 7,000 in April 2021. The updated price of the YBR 125G was Rs 197,000, up from its previous price of Rs 190,000, representing a Rs 7,000 increase. Meanwhile, the increased price of the YB 125Z DX was Rs 182,500, up Rs 7,000. This bike was previously priced at Rs 175,500.
Meanwhile, the manufacturer raised the price of YB 125Z by Rs 6,000, bringing the new price to Rs 169, 000, up from Rs 163,000 previously.
Reason for Prices Increase
The cause for these repeated price hikes, according to media sources, is a very high demand. According to sources, demand for bikes has surged on the market since the end of lockdown last year, and manufacturers are struggling to meet the demand for bikes and spare parts. And, as a result of the scarcity, dealers are selling the bikes through ‘ON Money.’