Master Changan Motors Limited (MCML) has increased the prices of its cars by up to Rs. 100,000. Also, like its competitors, the company has cited the tax rate hike as the reason for the price increase.
Effective immediately, the new prices are as follows:
| Models | Old Price (Rs.) | Revised Price (Rs.) | Increase (Rs.) |
| Alsvin 1.3 Comfort Manual | 3,899,000 | 3,929,000 | 30,000 |
| Alsvin 1.5 Comfort DCT | 4,199,000 | 4,239,000 | 40,000 |
| Alsvin 1.5 Lumiere DCT | 4,499,000 | 4,599,000 | 100,000 |
| Oshan X7 Comfort | 7,999,000 | 8,069,000 | 70,000 |
| Oshan X7 FutureSense | 8,599,000 | 8,679,000 | 80,000 |
| Karvaan | 2,749,000 | 2,779,000 | 30,000 |
| Karvaan Plus | 2,899,000 | 2,929,000 | 30,000 |
It bears mentioning though that Changan’s offerings are among the better ones in terms of value for money in their class.
In January, Changan celebrated selling over 40,000 units in the last two years. The company claimed that it had become the biggest car company by sales volume, other than Toyota, Honda, and Suzuki.
According to details, MCML’s sales are mostly driven by the success of the Karvaan minivan and Alsvin sedan. The document entails the following breakup of its total market share:
- Changan Karvaan — 42% Small Van Segment Share
- Changan Alsvin — 18% B-Sedan Segment Share
- Changan Oshan X7 — 15% C-SUV Segment Share
- Changan M9 Sherpa — 7% Small Pickup Segment Share
While Changan’s progress is promising, the recent production and sales decline in the industry may take a toll on its growth as well.
I guess prices are increased much more then actual cost.
Dollar rate and Tax is just an excuse.
My question is weather you copamany is contacting any research or studying that income of a comman person in Pakistan is increased also or not.
Then you can increase prices.
Income has not increased at all in Pakistan, then how you are increasing prices and who will purchase and how many units you will be able to sale.
People’s are transferring to Buy-cycles from motor bikes.
I am amazed by Management of your company, which seems poor and unprofessional.
So what should they do ? How they ‘ ll bear the company’s expenses parts are short import export is still closed increases prices is better than to kick out the workers mostly peoples have lost their jobs if they are trying to proceed their working so it’s good either to kick out the workers
Agreed..!