Geely PH moves price increase implementation next month

Updated Mar 03, 2021 | Same topic: Automotive Industry Updates

This is in line with the safeguard tariff imposed by the DTI.

The Department of Trade and Industry (DTI) has already started imposing an additional safeguard tariff on vehicle imports in most car brands including Toyota, Chery, Isuzu, and Mitsubishi. The safeguard duties are imposed by the DTI to protect local manufacturers and to keep their businesses alive.

However, Sojitz G Auto Philippines (SGAP), the official distributor of Geely vehicles in the country, announced that its vehicles won’t be affected by the additional safeguard tariff just yet as dealers still have enough inventory that is not covered by the said safeguard policy. Instead, the price increase will be applied to Geely vehicles in April 2021.

Geely Coolray rear view

Geely Coolray subcompact crossover

Geely has three vehicles made available for the local market, namely the Coolray, Azkarra, and Okavango. The Coolray is a subcompact crossover that happens to be the brand’s best-selling unit. Meanwhile, the Azkarra is a premium-looking compact crossover that comes with a mild-hybrid system. Lastly, the Okavango is a 7-seater SUV launched in the country last November 2020.

According to DTI’s safeguard policy, imported passenger cars should come with an additional Php 70,000 per unit, while imported light commercial vehicles should come with an additional Php 110,000 per unit. With the inclusion of VAT, prices go up to Php 78,400 and Php 123,200.

Geely Okavango front view

Geely PH's latest addition, the 7-seater Okavango

As such, all three Geely vehicles are expected to come with an additional Php 78,400 as all are under the passenger vehicle segment.

SGAP encourages Filipino car buyers to take advantage of the current Geely vehicle prices which will last until the end of March 2021.

The base price for a Geely vehicle is Php 978,000 for the Coolray Comfort variant and goes up to Php 1,487,000 for the newly-added Urban Plus variant of the Okavango.

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Know more about Geely Coolray 2021

Geely Coolray

The Geely Coolray is a subcompact crossover that recently entered the Philippine automotive market. This model comes in three variants which are the Comfort Turbo, the Premium Turbo, and the Sport Turbo. Physically, all variants are the same size at 4,300 mm long, 1,800 mm wide, and 1,609 mm tall. The engine across all variants is a 1.5 liter 3-cylinder turbocharged gasoline with a power output of 177 hp and 255 Nm of torque. It also features LED daytime running lights and headlights for the top-of-the-line Sport variant. The Coolray’s cabin is decked in black and accented with red design details on the dashboard and the seats. It also comes with 10.25-inch touchscreen infotainment that sits at the center of the car. For additional safety and convenience, the Geely Coolray has a park assist feature and a 360-degree camera view.

From ₱978,000

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Rex Sanchez

Rex Sanchez

Author

Rex started off his career in the aviation industry before entering Philkotse as a staff writer. Two things excite him the most: first is staying up to speed with the latest news in the industry that uses engines as their heart and soul. The second is imparting them in a well-detailed manner. His passion for anything with wheels started when he was young – from Tamiyas to family-friendly sedans, and anything in between.

Someday, Rex only wishes to drive on random highways with friends in a third-gen Mitsubishi Delica with aftermarket sunroofs, if he couldn’t get the Starwagon Super Exceed edition.

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