Road Prince Motorcycle Prices have been increased starting by Rs. 1,000 starting with the RP-70cc base variant and going all the way up to Rs. 3,000 hike for the RP-125cc model, according to a circular issued by Eiffel Industries Limited.
The circular issued by the company to its dealerships across the country came as no surprise since Atlas Honda already issued a revised list of prices for their motorbikes for the month of February 2021.
It is pertinent to mention that motorcycle manufacturers continue increasing prices despite the stable US Dollar rate against Pakistani Rupee. There is absolutely no check and balance on the Automotive Industry resulting in uncertainty in prices which are constantly going up.
Road Prince Motorcycle Prices – February 2021
Road Prince Motorcycle | Price Increase (PKR) |
---|---|
RP-70CC | 1000 |
RP-70CC Passion Plus | 1500 |
RP-70CC Classic | 1500 |
RP-100CC (All Models) | 1000 |
RP-110CC (All Models) | 2000 |
RP-125CC | 3000 |
The new Road Prince Motorcycle Prices will go into effect from 10 February 2021, according to the circular issued by the company.
According to Road Prince, the increase in motorbike prices is a result of increase in cost of raw materials for manufacturing. The copy of the circular is attached below:
It is expected that Yamaha will follow with Altas Honda and Road Prince as it isn’t uncommon for these motorcycle manufacturers to follow each other’s footsteps when it comes to pricing.
Read more: Unique unveils new sticker of Unique UD70 2021 model motorcycle.