BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)

ISLAMABAD: 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.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.

Tahir Ahmed Apr 17, 2025 11:27am
Right decision. I hope it sticks.
0
Kashif ALI Apr 17, 2025 03:02pm
Hassan Mansha must be taken to task for all this fiasco as he is the man behind this show.
0
AB Apr 17, 2025 07:56pm
just peanut
0
WZ Apr 17, 2025 11:55pm
It took 5 years to determine this lol!
0
azam Apr 18, 2025 10:58am
Good measures by CCP. CCP should also take such steps against Japanese companies.
0
Habib Apr 18, 2025 09:32pm
Good effort
0
Junaid Apr 18, 2025 11:19pm
This is 4 year old news....seriously?
0