BHL Increases Their Bike Price In Bangladesh
Honda is one of the biggest motorcycle brands in the world. Recently, Bangladesh Honda Privet Limited has increased its motorcycle prices.
Right now, Bangladesh Honda Privet Limited (BHL) has a huge product line-up and Honda has a factory in Bangladesh where they produce and assemble their motorcycles. But there are some reasons behind increasing bike prices.
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After setting up the factory in Bangladesh, the price of Honda bikes is getting lower day by day. But recently, Honda increased their motorcycle prices.
The reasons behind the price increase are the dollar rate, market price, competitor price, raw material price, shipping cost, and warehouse cost.
Right now, international dollar prices are increasing rapidly. For this reason, everything changes very fast. On the other hand, Russia and Ukraine's wars have an effect on this increase.
Right now in Bangladesh, the fuel cost is so high, that’s why production costs are also high, and raw materials costs are also high, so prices increase at this rate.
Some motorcycles and materials are imported from outside, so as the dollar rate rises, so will shipping costs, raising the motorcycle price.
Other competitors' bike prices have increased recently, but the thing is that Honda has also raised its price to balance the market.
Now this will have an effect on selling motorcycles, especially for customers who want to buy a Honda motorcycle. He/she will think twice before buying. However, we hope that prices will be back on track very soon. For more updates please Honda Motorcycle Showroom. Thank you.
Published by Arif Raihan Opu