Eiffel Industries has notified of a massive increase in Road Prince Motorcycle Prices in Pakistan for the second time this month. In a notification issued by Eiffel Industries, the Price of Road Prince Motorcycle / Bikes has increased for RP 70cc, RP 100cc, RP 110c, and RP 125cc.
According to the notification, the increase in Road Prince Bike Prices in Pakistan include RP-70CC, RP-70CC Passion Plus, RP-70CC Classic, RP-100CC (all models), RP-110CC (all models), and RP-125CC. The new Prices for Road Prince Motorcycles will go into effect from 26 May 2022.
In the notification, Road Prince said that increase in Prices was due to the constant hike in the USD to PKR rates and raw materials for the manufacturing of the motorcycles. It bears mentioning that Pakistani Rupee has been devaluating against US Dollar (USD to PKR) on a constant basis, however, most of the parts for the motorcycles are being made locally and not imported in the country.
According to the notification, the price of Road Prince RP-70CC, RP-100CC, and RP-110CC have been increased by Rs. 1,500. Meanwhile, the price for Road Prince RP-125 will be increased by Rs. 3,000. It is pertinent to mention that earlier notification stated an increase of Rs. 1,500 for the RP-125, but the company issued another notification stating that price of the motorcycle will be increased by Rs. 3,000.
Price Increase – May 2022
ROAD PRINCE BIKE MODELS | PRICE INCREASE (PKR) |
|---|---|
RP-70CC (All Models) | 1500 |
RP-100CC (All Models) | 1500 |
RP-110CC (All Models) | 1500 |
RP-125CC (All Models) | 3000 |
First Notification:
Second Notification:
These new Road Prince Motorcycle Prices in Pakistan will go into effect from 26 May 2022 as per the circular issued by Eiffel Industries.
What do you think about the price increase of Road Prince Bike / Motorcycles? Do you think the price hike is justified considering the company raised prices over a month ago. Let us know in the comments section below.
It is pertinent to mention that other motorcycle manufacturers are expected to follow in the price hike of their bikes as well. Meanwhile, United Motorcycle Prices have already been increased by the company.
Read more: United Motorcycle Prices in Pakistan Increased Again.
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