The United Auto Industries and Road Prince have increased the prices of their motorcycles by Rs2,000 to Rs3,000, reported 24NewsHD TV channel on Wednesday.

It is learnt that both companies have increased the prices of their 70cc and 100cc motorbike models by Rs2,000.

Moreover, both companies have also increased the prices of their 125cc motorbike model by Rs3,000.

The new prices will be effective from July 1 next.

The companies have also issued circulars to the dealers about increase in the prices.

Reporter: Shehzad Khan