The Automobile Dealers Union of Ghana (ADUG) has announced a 15 per cent reduction in vehicle prices.
According to the Union, the decision to reduce the prices is due to the relative stability of the Ghanaian cedi against the US dollar and the abolition of the COVID-19 levy.
This was contained in a statement issued in Accra on Sunday, February 15, 2026.
The Union said the price adjustment is in line with its earlier commitment to review vehicle prices downward once the exchange rate showed signs of stability.
It explained that the reduction reflects its longstanding promise that any meaningful stabilisation of the exchange rate would translate into fairer vehicle pricing rather than excess profiteering.
ADUG noted that over the past months, vehicle prices in Ghana were significantly affected by exchange rate volatility, high import duties, shipping costs and global supply chain pressures.
“This decisive action reflects the Union’s long-standing promise to Ghanaians that any meaningful stabilisation of the exchange rate would translate into fairer vehicle pricing, rather than excess profiteering. We are pleased to state that our members have acted in good faith and with a strong sense of national responsibility,” the statement signed by the National President of ADUG, Eric Kwaku Boateng, said.
The statement thanked Ghanaians for their patience and confidence in the organised automobile trade.
By: Rainbowradioonline.com/Ghana
