Motorcycle prices skyrocketing again, Suzuki rises rates by Rs20,000 

The motorcycle market in Pakistan witnessed another increase in prices as Suzuki announced increasing rates of the bike by Rs20,000 from Tuesday, May 09, 2023.
According to the 24News HD TV channel, Suzuki announced the prices of GR-150 increased from Rs 5,01,000 to Rs 5,21,000 from tomorrow.
The price of Suzuki GS-150 increased from Rs 3,50,000 to Rs 3,64,000 and GD-110S increased from Rs 3,22,000 to Rs 3,35,000 while the rates of Suzuki GSX-125 increased from Rs 4,72,000 to Rs 4,88,000. 
The company claimed that the reason for the increase in the rates of its products (motorcycles) is rising production costs and the high dollar.