Bike prices raised by up to Rs25,000.

KARACHI -- Pak Suzuki Motor Company Ltd (PSMCL) has increased motorcycle prices by Rs20,000-25,000 effective from Feb 1.

The new rate for GD110 S, GS150, GSX125 and GR150 is Rs264,000, Rs286,000, Rs384,000 and Rs410,000. The company, however, did not disclose any reason for the price hike in its letter issued to authorised dealers.

PSMCL had stopped the new booking of bikes from Jan 20 for the time being due to import-based supply chain constraints and uncertain production possibilities under present economic circumstances.

As the sales of all two-wheeler assemblers have been going flat due to...