Eiffel Industries Limited has gone crazy increasing Road Prince motorcycle prices by up to Rs. 1,500 for the second time in the same month according to a circular issued by the company to its dealerships across Pakistan.
The increase in Road Prince bike prices can’t be the result of the increase USD to PKR rate in the last few days as the company did not lower its prices when dollar constantly fell for weeks coming down to the lowest in months.
Road Prince Motorcycle Prices have been increased by Rs. 1,000 for all models except RP-125CC which has seen the highest increase of Rs. 1,500.
The following increases have been made:
Price Increase (PKR)
RP-70CC (All models)
RP-100CC (All Models)
RP-110CC (All Models)
This increase will come into effect from 25th November 2020.
The similar dumbfounded action has been taken by United Auto Industries as they also increased the prices of Motorcycles once again in a same month of November 2020.