Advertisement
Categories: BusinessNewsPakistan

CCP Slaps PKR 25 million Fine on Hyundai for Misleading Tucson Launch Offer

Advertisement

The Competition Commission of Pakistan (CCP) has cracked down on Nishat Hyundai Motors, slapping the auto giant with a PKR 25 million penalty for deceptive marketing tactics during the much-hyped 2020 launch of its Hyundai Tucson SUV.

The CCP launched an investigation after Hyundai’s big Facebook Live event where it introduced the Tucson with “introductory prices” PKR 4,899,000 for the GLS/FWD model and PKR 5,399,000 for the ULTIMATE/AWD model.

However, the Commission found that the special prices were only valid for less than 24 hours, and the disclaimer “for a limited time only” was printed in very small, hard-to-read text. Right after the short booking window, Hyundai increased the prices by PKR 200,000 and removed all mentions of the original prices from their website and social media pages.

The CCP ruled that this marketing strategy was misleading and unfair, saying Hyundai didn’t clearly explain the terms of the offer and created confusion among customers. They called it a case of “bait advertising”, where consumers are attracted with a low price that disappears almost immediately.

The Commission also pointed out that Hyundai follows better marketing practices in other countries, and Pakistani consumers deserve the same standards.

This fine is a clear warning to companies: honest advertising matters and misleading the public comes with consequences.

Advertisement
News Desk

Recent Posts

KW&SC launches rapid overhaul of vital BRT water pipeline

The Karachi Water and Sewerage Corporation (KW&SC) has begun expedited work to replace a deteriorated…

5 days ago

Pakistan’s First Centre of Excellence in Gaming and Animation Launches its Inaugural Startup Cohort

Pakistan’s gaming and animation ecosystem enters a transformative phase as the Centre of Excellence in…

6 days ago

Cloudflare Outage Disrupts Major Online Platforms, Including X and OpenAI

A multi-platform outage struck earlier today, triggered by service issues at content delivery network (CDN)…

2 weeks ago

Your Guide to Safe Rides and Deliveries with inDrive

Taking a ride or sending a package shouldn’t come with second guesses. That’s why inDrive,…

1 month ago

Irfan Junejo to Represent Pakistan as Begin Partners with LaLiga for Exclusive FC Barcelona Interviews

First-ever official representation from Pakistan at FC Barcelona’s base camp marks a new chapter in…

2 months ago

Dowry: A Deadly Tradition That Must End

A young bride from Gujranwala has become the latest victim of a cruel and deep-rooted…

2 months ago