The Department of Trade and Industry’s move to impose additional tariffs on vehicle imports is starting to take effect. Following Geely’s announcement of an imminent price increase, GAC Motor has now confirmed that it will also be implementing SRP hikes across its lineup soon.
Legado Motors, the official distributor of GAC Motor in the Philippines, recently announced that it will be slapping a P78,000 increase on all its vehicles effective March 1. This includes all variants of the GA4, GS3, GS4, GS8, GA8 and GN8. You can check out the price list below for a better look:
GAC Motor Updated Prices
Model with variant
|GAC GA4 1.3 Turbo GL AT||988,000||1,066,000|
|GAC GA4 1.3 GE MT||858,000||936,000|
|GAC GA4 1.3 GE AT||788,000||866,000|
|GAC GS3 1.3T 200T GE AT||1,058,000||1,136,000|
|GAC GS3 1.5 150N GS AT||958,000||1,036,000|
|GAC GS3 1.5 150N Premiere AT||888,000||966,000|
|GAC GS4 1.5 Turbo AT||1,228,000||1,306,000|
|GAC GS8 2.0 Turbo GL 4WD AT||2,388,000||2,466,000|
|GAC GS8 2.0 Turbo Sports GE 2WD AT||2,188,000||2,266,000|
|GAC GS8 2.0 Turbo Premiere 2WD AT||1,880,000||1,958,000|
|GAC GA8 2.0 Turbo GL AT||2,288,000||2,366,000|
|GAC GA8 2.0 Turbo GE AT||1,988,000||2,066,000|
|GAC GN8 2.0 Turbo Luxury AT||2,880,000||2,958,000|
|GAC GN8 2.0 Turbo Premiere AT||2,188,000||2,266,000|
“We are in the high hopes that the local market will still continue to patronize the brand despite the higher prices implemented by the policy,” said Legado Motors, Inc. president and CEO Wilbert Lim.
What do you think of these changes, readers? We reckon it’s only a matter of time before we see other carmakers set more price bumps, too. For now, if you want to read up on the DTI’s new safeguard tariffs, you can check out this previous story of ours.