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Changan Drops Devastating Price Hike on Customers

Not to be outdone by its competition in the price hike marathon, Master Changan Motors Limited (MCML) increased the prices of its cars by up to a stupendous Rs. 1.05 million. Also, like its competitors, the company has cited the rampant depreciation of local currency as the reason for the price hike.

Effective immediately, the new prices are as follows:

Models Old Price (Rs.) Revised Price (Rs.) Increase (Rs.)
Alsvin 1.3 Comfort Manual 3,394,000 3,899,000 505,000
Alsvin 1.5 Comfort DCT 3,649,000 4,199,000 550,000
Alsvin 1.5 Lumiere DCT 3,844,000 4,499,000 655,000
Oshan X7 Comfort 7,049,000 7,999,000 950,000
Oshan X7 FutureSense 7,549,000 8,599,000 1,050,000
Karvaan 2,419,000 2,749,000 330,000
Karvaan Plus 2,569,000 2,899,000 330,000

This has, by far, been MCML’s biggest price bump to date due to a relentless devaluation of the Pakistani Rupee. It bears mentioning though that Changan’s offerings are among the better-value vehicles in their respective classes.

Yesterday, Honda Atlas Cars Limited (HACL) increased the prices of its cars for the second time in 15 days by up to Rs. 550,000. The latest announcements from HACL and MCML indicate the price hike wave is far from over.

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