Government has asked Master Changan Motors to hold the increase in prices, which the company had announced earlier this week. Citing rising shipping cost as the reason, the company increased the prices by Rs 120,000 across its entire range of products. The revised prices were applicable from 25th of August 2021.
However according to the latest notification, Changan has announced to temporarily suspend the price increase of all its models until further notice, as instructed by the government. The notice also adds that the previously booked vehicles will continue to be delivered (as per the old prices).
Government in the latest Auto Policy announced to slash various duties and taxes after which prices of locally assembled cars witnessed a decline probably for the first time in the history. However Changan’s decision to jack up the prices saw severe criticism from consumers and potential buyers. Bear in mind the prices of newly launched Alsvin sedan were already revised in March 2021 hardly a couple of months after its launch.
Related: Automakers Preparing to Increase Car Prices
Following Changan, other automakers were also expected to announce their price revisions however government’s intervention will give a sigh of relief to the auto consumers, but for how long? Well, we will have to wait to find out.
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com
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