No Price Changes for Tiggo 4 and Tiggo 8

Abdullah

28 Oct 2023

406 Chery

No Price Changes for Tiggo 4 and Tiggo 8

In the midst of a prevailing trend of falling prices in the local automobile industry, Chery has announced its unwavering commitment to maintaining the pricing of its two flagship crossover SUVs, the Tiggo 4 and Tiggo 8 Pro.

The Decision's Rationale

Elaborating on their rationale, Ghandara Automobiles explained, "Despite fluctuations in foreign exchange rates, we are steadfast in keeping our prices unchanged." The company went on to emphasize that this choice underscores their dedication to providing high-quality vehicles at affordable rates. Their statement also conveyed appreciation to their loyal customers and partners for their ongoing support.

A Pledge to Price Stability

Ghandhara Automobiles emphasized, "We recognize the importance of ensuring that our products are accessible to a wide range of consumers. This is why we have decided to maintain the current pricing structure for the foreseeable future." A Ghandhara Automobile official, in a conversation with PakWheels.com, stated that they are closely monitoring the volatile forex rates, believing that the current currency appreciation is a temporary phase.

Current Pricing for Tiggo 4 & Tiggo 8 Pro

The present cost of the Tiggo 4 Pro stands at Rs. 6,999,000, while the Tiggo 8 Pro carries a price tag of Rs. 10,399,000. Over the recent days, car manufacturers such as Kia, MG, Toyota, Hyundai, and Honda have disclosed reductions in their pricing due to the Pakistani Rupee's positive performance against the US Dollar. This price adjustment has brought favorable news for consumers and reinvigorated the stagnant market. High price points had been directly affecting the sales figures for all car companies, as indicated by PAMA data reflecting months of declining sales.

Potential Influence on the Market

The price reductions are anticipated to stimulate sales, potentially encouraging buyers, although prices are still considerably high. For a stable automobile market, both economic and political stability are indispensable, as they ensure the industry's smooth and efficient operation.

What are your views regarding Chery's decision to retain the prices of their vehicles? Feel free to share your thoughts in the comments section.

Automobile Industry Ghandara Automobiles Tiggo 4 Tiggo 8 Pro Affordable Vehicles Car Manufacturers Price Reductions Auto Market Trends Chery Cars 2023 Chery Cars in Pakistan Chery Car Prices 2023 Chery Tiggo 4 Pro Price 2023 Chery News

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