The Automobile Dealers Union of Ghana (ADUG) has announced a 15 per cent reduction in vehicle prices following the relative stability of the Ghana cedi against the US dollar and the abolition of the COVID-19 levy.Ghanaian cultural products
In a statement issued in Accra on Sunday, February 15, 2026, the Union said the price adjustment is in line with its earlier commitment to review vehicle prices downward once the exchange rate showed signs of stability.
According to ADUG, the reduction reflects its longstanding promise that any meaningful stabilisation of the exchange rate would translate into fairer vehicle pricing rather than excess profiteering.
The Union noted that over the past months, vehicle prices in Ghana were significantly affected by exchange rate volatility, high import duties, shipping costs and global supply chain pressures.
During that period, it consistently assured the public that prices would be reviewed once economic conditions improved.
