Changan Motors Cuts Oshan X7 Price Amid Economic Challenges

Changan Motors has joined the ranks of automakers offering relief to consumers by reducing the price of its mid-size crossover, the Oshan X7. This move follows similar actions by Suzuki, KIA, Peugeot, and others in response to the challenging economic conditions faced by consumers.

The announcement from Changan Motors states that the price reduction for the Oshan X7 will be in effect from May 4 to June 15, 2024. This decision comes after Changan Pakistan had already lowered the price of the car by Rs2.5 lacs last year.

The automotive industry in Pakistan has been experiencing significant fluctuations, with top models from various manufacturers witnessing a notable drop in sales due to record price hikes. In an effort to stimulate demand, Kia Stonic has reduced its price by 24%, while Swift has seen a 13% decrease in its price.

This strategic pricing adjustment by Changan Motors is aimed at keeping the cost of the Oshan X7 below Rs. 4 million, excluding the 25% GST imposed on cars. The company's proactive approach reflects a commitment to providing affordable options for consumers amidst challenging market conditions.

In conclusion, the price reduction for the Oshan X7 by Changan Motors is a positive development for consumers in Pakistan, offering them more accessible options in the mid-size crossover segment. As the automotive industry continues to navigate economic uncertainties, initiatives like these play a crucial role in supporting consumer affordability and driving market demand.