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Pak Suzuki jacks up bike prices

Updated November 04, 2018

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Pak Suzuki sales rose to 5,660 units in 1QFY19 from 5,014 units in same period last fiscal year.— File
Pak Suzuki sales rose to 5,660 units in 1QFY19 from 5,014 units in same period last fiscal year.— File

KARACHI: Pak Suzuki Motor Company Ltd (PSMCL) has increased prices of two-wheelers from Nov 1.

The new price of GR150 has now increased to Rs235,000 as against Rs229,000 while GD110S will be sold for Rs150,000 from Rs145,000. Whereas, prices of GS150 and GS150SE have been surged to Rs155,000 and Rs175,000 from Rs150,000 and Rs170,000, respectively.

Pak Suzuki sales rose to 5,660 units in 1QFY19 from 5,014 units in same period last fiscal year.

The company, as usual, did not mention the reason for this hike in its circular but a market dealer at Akbar Road said every assembler (car and bike) has been pushing up prices due to rupee devaluation against the dollar.

Two mapping companies sign MoU

TPL Maps (Pvt) Ltd and Here Technologies, a global leader in mapping and location platform services, have recently signed a memorandum of understanding in Berlin, Germany.

The two companies have agreed to work towards establishing a technology partnership and product collaboration around map content operations and related platforms and services, as well as the joint development of a go-to-market strategy in the automotive and enterprise sectors for Pakistan and the region, said a press release.

Published in Dawn, November 4th, 2018

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