First Price Hike Of 2021 Announced By Pak Suzuki

Pak Suzuki Motor Company Limited (PSMC) has announced the first price hike of this year. Their previous price hike was in November 2020, when the prices of all bikes were increased by Rs. 3000.

However, this time, the price hike is even higher. The maximum bump is by Rs. 4000 which is for the GS-50 base version and the GS-150 SE. For the GR-150, the price was increased by Rs. 3000. GD-110 S can still be bought on the last price as there was no price increase for this model.

As per the announcement, the new prices will take prices will take effect from February 1, 2021. The following table consists of the old prices along with the revised prices.

The new prices will take effect from February 1, 2021 (today), and the following shall be the new prices of the bikes:

Model

Old Prices (Rs.) Revised Prices (Rs.)

Price Increase (Rs.)

GS-150

193,000 197,000 4,000

GS-150 SE

210,000 214,000

4,000

GR-150

287,000 290,000

3,000

It is worth mentioning that the GS-150 in both variants, base and SE, is the most popular bike from the Pak Suzuki bike line-up. It has a very strong powertrain. However, the increase in its price may affect the sales of this two-wheeler.

The GR-150 was unveiled in December 2017. It always had fans who were enthusiasts impressed by the bike’s top-notch performance. The price has always been a downside to this bike, just like the GD-110 S.

Pak Suzuki, just like its competitors, is known to increase prices of its vehicles without any improvement in the quality of the products. Let’s see how this issue affects the sales of Pak Suzuki.

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