In 2023, Pak Suzuki Motor Company (PSMC) raised the cost of its motorbikes for the fifth time. While the company did not provide a specific explanation, current inflation is most likely to blame.
PSMC’s official website has also not been updated with new prices. A 3S dealership has informed ProPakistani that the firm has announced new rates for its two-wheelers. The following are the updated ex-factory costs for PSMC bikes as of May 9:
Model | Old Price (Rs.) | New Price (Rs.) | Increase (Rs.) |
GD 110S | 322,000 | 335,000 | 13,000 |
GS 150 | 350,000 | 364,000 | 14,000 |
GSX 125 | 469,000 | 488,000 | 19,000 |
GR 150 | 501,000 | 521,000 | 20,000 |
Pak Suzuki is still experiencing operational issues, causing the company to declare another round of non-production days (NPDs) in May 2023.
The business claimed inventory deficit as the cause for the vehicle and bike assembly plant shutdown, which would take place from May 2 to May 9, 2023, in an official notification to the Pakistan Stock Exchange (PSX).
This suggests that the price increase occurring on the same day that manufacturing resumes is not a coincidence.