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Motorcycle sales in Pakistan plummeted by 80% due to high prices caused by inflation. Dealers urge manufacturers and parts suppliers to reduce prices. The Chairman of Karachi Motorcycle Dealers Association, Mohammad Ahsan Gujjar, is concerned about the sharp decline in sales. Despite a lower US dollar exchange rate and reduced petrol costs, prices remain high.
They used to sell 30,000 motorcycles monthly in Karachi, but now it’s only around 6,000. Gujjar requests a Rs20,000 reduction for 70cc bikes and a Rs40,000 cut for larger ones from manufacturers in China and Japan. Japanese companies raised prices by Rs125,000 to Rs175,000 for 100cc, 125cc, and 150cc bikes in the past year and a half. Gujjar believes it’s time to adjust prices as the US dollar is weaker, around Rs284, and materials are cheaper.
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Dealers in Karachi sell various brands, including Atlas Honda, Suzuki, Super Power, Super Star, Unique, Hi-Speed, and more. Most buyers are from the middle-class and lower-middle-class groups, primarily choosing regular 70cc bikes. Gujjar warns that dealers may struggle to stay in business due to expenses, and without improvement, they might have to close.
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