The Automobile Dealers Union of Ghana (ADUG) has announced an average 15 percent reduction in vehicle prices following recent stability in the exchange rate and the removal of the COVID-19 levy.

In a statement issued to media houses on February 15, 2026, in Accra, the Union said the price adjustment fulfils an earlier commitment to review vehicle costs downward once the Ghana cedi stabilised against the US dollar.

According to ADUG, the reduction reflects what it described as a long-standing promise to ensure that improvements in the foreign exchange environment translate into fairer pricing for consumers rather than excess profiteering.

The Union noted that vehicle prices in recent months had been heavily affected by exchange rate volatility, high import duties, shipping costs and global supply chain pressures, which drove up the cost of importing and selling vehicles in Ghana.

It said that with relative consistency now returning to the exchange rate, members have adjusted prices across a broad range of vehicles, including brand-new, hybrid, electric and home-used vehicles.

ADUG added that the move demonstrates good faith and a strong sense of national responsibility toward consumers and the broader economy.

The statement, signed by the National President of ADUG, Eric Kwaku Boateng, thanked Ghanaians for their patience and confidence in the organised automobile trade and reaffirmed the Union’s commitment to acting in the best interest of the public.