Atlas Honda Ltd (AHL) has increased the price of bikes fourth time in the face of declining sales since May and the suspension of bike registrations.
The organization has thought of an expansion in costs by Rs .400-Rs. 4000 on various models. Purportedly, the new cost will produce results from Oct 3. The organization has not unveiled the purpose for the raised costs.
The organization had expanded the costs three times previously, first in January by Rs.500-1000, at that point in April by Rs.500-3000, lastly in August by Rs.600-5000. Eminently, Honda had accomplished record deals in April. In any case, from that point forward, the organization is seeing a descending pattern.
In June, the organization’s business declined to 91,507 units. While in July, they additionally diminished to 90,009. August likewise did not look good for the organization and its deals additionally went down to 80,012 units in August. Despite what might be expected, the July-August deals in a year ago added up to 187,249 units.
|Models||New Price||Old Price|
|CD 70cc||Rs. 65,900||Rs. 64,900|
|CD Dream||Rs. 69,900||Rs. 68,900|
|Pridor||Rs. 91,400||Rs. 89,900|
|CB 150F||Rs. 1,76,000||Rs. 1,67,000|