The Pakistani automotive industry has seen many companies announce price increases over the last few months. Almost all brands have announced price increases and Changan is not an exception. The Chinese manufacturer announced new prices for its Alsvin sedan and Oshan X7 SUV.
The company justified the drastic increase in prices by blaming the steady depreciation of the rupee against the American dollar, rising transportation costs, and higher commodity prices, including operating costs.
Changan customers with complete payments received before May 9 would receive the vehicle at the previous price. Alsvin customers who have already partially paid will be permitted to purchase the vehicle at the old price if they are able to pay the remaining amount by May 16.
It must be stated here that the company closed the bookings at the end of April. According to company officials, reservations are still closed despite the second price increase in a row.
Changan has recently made an impressive entry into the SUV market via Oshan X7, presenting a few new features in the vehicle while offering CKD units for the Pakistani industry. Despite its efforts, Changan must resort to price increases like the rest of the companies because it is not immune to the problems faced by the rest of the industry.