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

KP to Achieve Self-Sufficiency by 2030, Says CM Sohail Afridi

Khyber Pakhtunkhwa Chief Minister Sohail Afridi has stated that his province aims to achieve self-sufficiency…

7 minutes ago

Talal Chaudhary pledges coalition unity beyond budget, seeks broader stakeholder involvement in key national matters

State Minister for Interior Senator Talal Chaudhry affirmed coalition unity ahead of federal budget approval.…

1 hour ago

Naqvi Delivers Diplomacy Message to Supreme Leader in Tehran Visit

Interior Minister Mohsin Naqvi departed for Tehran carrying an important message from Pakistan Army Chief…

3 hours ago

Treasury Plans to Use Iranian Assets for U.S. Gulf Allies Recovery, Source Says

Treasury Department to Utilize Iranian Assets for Gulf Allies' Recovery The Treasury Department plans to…

4 hours ago

PM Rathore Sees PPP Victory in AJK Elections, Says Future Alliances Possible

Prime Minister Faisal Mumtaz Rathore of Azad Jammu and Kashmir (AJK) announced the date for…

5 hours ago

FCC Limits Courts’ Role in Lambardar Appointments, Emphasizes Comparative Evaluation

Federal Constitutional Court Emphasizes Comparative Evaluation for Lambardar Appointments The Federal Constitutional Court (FCC) has…

5 hours ago