Honda Motorcycle Company, the largest bike manufacturer in Pakistan, has announced a significant price reduction on its top models, including Honda CD 70 and CG 125. This is welcome news for motorcycle enthusiasts who have been waiting for a chance to get their hands on these quality Honda motorcycles at more budget-friendly rates.
What are the new prices of Honda CD 70 and CG 125?
According to the official notification issued by the company, the new prices will take effect from October 18th, 2023. The price reduction is as follows:
Honda CD 70: The most-selling bike in Pakistan, known for its remarkable fuel efficiency and reliability, has seen a price cut of Rs 22,000. The new price of the Honda CD 70 is Rs135,900.
Honda CD 70 Dream: The upgraded version of the Honda CD 70, with a stylish design and improved features, has also seen a price cut of Rs 22,000. The new price of the Honda CD 70 Dream is Rs165,900.
Honda CG 125: The classic bike that offers a powerful performance and a smooth ride, has seen a price cut of Rs33,500. The new price of the Honda CG 125 is Rs203,900.
Honda CG 125 Self: The special edition of Honda CG 125, with a self-start feature and a gold emblem, has seen the biggest price cut of Rs38,500. The new price of the Honda CG 125 Self is Rs253,000.
Why did Honda reduce the prices of its motorcycles?
The main reason behind this price reduction is the sharp recovery of the Pakistani rupee against the US dollar. The local currency has gained more than 10% in value since the start of the year, making imports cheaper and reducing the cost of production for local manufacturers.
Honda Motorcycle Company has decided to pass on the benefit of the rupee recovery to its customers by lowering the prices of its motorcycles. This is a commendable move by the company that shows its commitment to providing quality products at affordable prices to the Pakistani market.
How will this price reduction affect the motorcycle industry in Pakistan?
This price reduction by Honda Motorcycle Company is expected to have a positive impact on the motorcycle industry in Pakistan. It will increase the demand for Honda motorcycles among existing and potential customers, as well as create more competition among other bike manufacturers to offer better prices and features.
This will ultimately benefit the consumers, who will have more options and choices when it comes to buying motorcycles. It will also boost the overall sales and revenue of the motorcycle industry in Pakistan, which is one of the largest in Asia.
Conclusion
Honda Motorcycle Company has made a smart move by reducing the prices of its top models, including Honda CD 70 and CG 125. This will make these motorcycles more accessible and attractive to a wider range of customers in Pakistan. It will also create more competition and innovation in the motorcycle industry in Pakistan, which will benefit both the producers and consumers.
If you are looking for a quality motorcycle at a reasonable price, you should definitely check out the new prices of Honda CD 70 and CG 125. You can visit your nearest Honda dealer or visit their official website for more details. Don’t miss this opportunity to get your hands on these amazing bikes at these amazing prices!
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