Home Africa Ghana: ADUG Announces 15% Cut in Vehicle Prices Citing Cedi Stabilisation

Ghana: ADUG Announces 15% Cut in Vehicle Prices Citing Cedi Stabilisation

Ghana: ADUG Announces 15% Cut in Vehicle Prices Citing Cedi Stabilisation

Rédaction Africa Links 24 with Ghanaian Times
Published on 2026-02-16 06:48:27

The Automobile Dealers Union of Ghana (ADUG) has announced an average 15 per cent reduction in vehicle prices following the relative stabilisation of the Ghana cedi against the US dollar and the abolition of the COVID-19 levy.

The Union said the decision fulfils an earlier commitment to pass on gains from exchange rate stability to consumers, rather than retain them as excess profit.

In a statement signed by its National President, Eric Kwaku Boateng, ADUG said its members had acted “in good…

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