Car buyers across the country could soon see some relief as the Automobile Dealers Union of Ghana (ADUG) has announced a 15% reduction in vehicle prices.
The decision, contained in a statement issued on Sunday, February 15, 2026 and signed by the Union’s National President, Eric Kwaku Boateng, follows what the association described as the relative stabilisation of the Ghana cedi against the US dollar and the abolition of the COVID-19 levy.
According to the Union, the price adjustment fulfils an earlier pledge made to Ghanaians that any meaningful improvement in the exchange rate environment would be reflected in lower vehicle costs rather than excess profiteering.
The statement said members of the Union had reduced vehicle prices by an average of 15% following the stabilisation of the cedi and the removal of the COVID-19 levy.
ADUG explained that vehicle prices had risen sharply in recent months due to exchange-rate volatility, high import duties, shipping costs and global supply chain pressures.
During that period, the Union repeatedly assured the public that once the exchange rate showed signs of stability, prices would be reviewed downward, a commitment it says has now been honoured.
The reduction affects a wide range of automobiles including brand-new, hybrid, electric and home-used vehicles.
The Union stated that the move reflects good faith and a sense of national responsibility and expressed appreciation to the public for its patience and confidence in the organised automobile trade, while reaffirming its commitment to act in the interest of consumers and the national economy.
