NewzShewz
No Result
View All Result
Thursday, March 5, 2026
  • Home
  • Finance
  • Politics
  • Energy
  • International
NewzShewz
  • Home
  • Finance
  • Politics
  • Energy
  • International
No Result
View All Result
NewzShewz
No Result
View All Result
Home Energy

CCP slaps Rs 25 million fine on Hyundai for misleading Tucson launch offer

by AMG
April 16, 2025
in Energy
0
CCP approves internal restructuring of Nishat companies.
111
VIEWS
Share on FacebookShare on Twitter


ISLAMABAD, April 16: 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. Ends

Related Posts

Islamabad requests Saudi Arabia to supply oil  via Yanbu
Energy

Islamabad requests Saudi Arabia to supply oil via Yanbu

by AMG
March 4, 2026
0

ISLAMABAD: Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with H.E. Nawaf bin Said Al-Malki, Ambassador of the...

Read more
Carbon and Petroleum Levies on furnace oil to spike electricity prices, say IPPs
Energy

Govt weighs weekly fuel price adjustment amid oil market volatility

by AMG
March 4, 2026
0

ISLAMABAD : The government is reportedly working on a proposal to review and announce petroleum prices every seven days instead...

Read more
  • Trending
  • Comments
  • Latest
Dasu Transmission Line Controversy Continues

OSD DMD refutes incompetence label , highlights NTDC leadership flaws, WB project issues, corruption, and contractor influence”

June 12, 2025
Investigations into IPPs Undermine Investor Confidence

KE Board…. thank you. We are leaving the meeting

November 13, 2025
Newzshewz Exclusive

NTDC BoD removes ” incompetent ” officials

April 23, 2025
Zargham Eshaq Khan steps down as MD NESPAK

Zargham Eshaq Khan steps down as MD NESPAK

November 1, 2025
Enhanced Rationalization in the Categorization of SOEs

Enhanced Rationalization in the Categorization of SOEs

0
PPIB to extend TLoS of ZSPL

PPIB to extend TLoS of ZSPL

0
CCP Fines Diamond Paint Industries PKR 5 million

CCP Fines Diamond Paint Industries PKR 5 million

0
Steering Committee on Discos

Steering Committee on Discos

0
Islamabad requests Saudi Arabia to supply oil  via Yanbu

Islamabad requests Saudi Arabia to supply oil via Yanbu

March 4, 2026
Carbon and Petroleum Levies on furnace oil to spike electricity prices, say IPPs

Govt weighs weekly fuel price adjustment amid oil market volatility

March 4, 2026
Prolonged  conflict may disrupt energy supply chain

Prolonged conflict may disrupt energy supply chain

March 2, 2026
CCP approves internal restructuring of Nishat companies.

CCP calls for long-term auto policy, financing reforms to promote competition

March 2, 2026
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
Contact us: contact@newzshewz.com

No Result
View All Result
  • Home
  • Finance
  • Energy
  • International
  • Politics
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.