September 20, 2024

AutoPH

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Chery Auto PH Increases Prices Due to DTI Safeguard Measures

Addressing consumer concerns about higher prices resulting from the safeguard duties on imported automobiles, Chery Auto Philippines has announced the new prices for its line of Tiggo crossovers and SUVs.

“In compliance with the Department of Trade and Industry’s Department Administrative Order (DAO) imposing a provisional safeguard tariff on certain imported passenger cars and light commercial vehicles, Chery Auto Philippines will be adjusting its prices accordingly,” announced Rommel Sytin, Chery Auto Philippines President.   

The DTI ordered the imposition of a provisional safeguard measure on cars and LCVs after it found higher vehicle imports are causing serious injury to the domestic motor vehicle manufacturing industry in its evaluation of the petition filed by the Philippine Metalworkers’ Alliance.

Under the Safeguard Measures Act, the government can impose safeguard measures in the form of tariffs to provide relief to the local industry when there is serious threat or injury from increased imports of like products.

As specified by the new ruling, a safeguard tariff amounting to P78,400 (P70,000 + VAT) will be collected from each Tiggo passenger car model. 

The new prices of the Chery Tiggo 2, Tiggo 5x, Tiggo 7, and Tiggo 8 are as follows:

Tiggo 2Tiggo 2 M/TPhp 773,400
Tiggo 2 A/TPhp 848,400
Tiggo 2 A/T (Two-Tone)Php 863,400
Tiggo 5XTiggo 5X M/TPhp 896,400
Tiggo 5X A/TPhp 938,400
Tiggo 5X Lux A/TPhp 1,028,400
Tiggo 7Tiggo 7 Comfort A/TPhp 1,273,400
Tiggo 7 Pro A/TPhp 1,276,400
Tiggo 8Tiggo 8 Lux A/TPhp 1,358,400
Tiggo 8 Lux EX A/TPhp 1,418,000

Chery Auto PH remains committed to delivering safe, secure, and value-added mobility solutions to the public while helping the country achieve its economic goals, particularly in these challenging times. 

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