The Automobile Dealers Union of Ghana (ADUG) would like to formally notify the public that, in keeping with our previous pledge, members of the Union have lowered car prices by an average of 15% since the Covid-19 levy was abolished and the Ghana cedi’s value relative to the US dollar stabilised.
The Union’s long-standing pledge to Ghanaians that any significant currency rate stabilisation will result in more equitable car prices rather than excessive profiteering is reflected in this firm step.
We take pride in the fact that our members have behaved honourably and with a strong sense of national duty.
Exchange rate fluctuations, hefty import taxes, shipping expenses, and pressures from the global supply chain have all had a major impact on the price of cars in Ghana in recent months.
Throughout this time, ADUG continuously promised the public that car costs will be revised down as soon as the currency rate began to show indications of stability.
Our members have fulfilled that commitment by modifying the prices of a variety of automobiles, including new, hybrid, electric, and home-used vehicles, in light of the recent improvement and relative stability in the exchange rate environment.
We reaffirm our commitment to constantly acting in the best interests of consumers and the national economy, and we appreciate Ghanaians for their patience, faith, and confidence in the organised vehicle trade.
Full Statement Below:
Source: newsthemegh.com