Spare parts dealers deny claims of price hikes

Dealers in spare parts at the Abossey Okai market in Accra have strongly denied claimsby the Alliance of Drivers – Ghana, which alleges that rising spare parts prices are a key factor in their planned 20% fare increase, set to take effect from today, March 17, 2025.

The situation, which have caused concern among customers, have been dismissed by leaders of Abossey Okai Spare Parts Dealers Association, who argue that there has been no price increment in their spare parts.

Chairman of the Abossey Okai Spare Parts Dealers Association and President of the Ghana Auto Parts Dealers Association, Mr. Henry Okyere Jnr, in a press statement categorically stated that, spare parts prices at Abossey Okai remain unchanged.

He further described the price hide assertion as “false, misleading, and unwarranted.”

“There have been no changes in import duties or market conditions that could justify the assertion that spare parts costs are driving transportation fare hikes. The new government remains committed to supporting the spare parts industry. Stock levels are stable, and the prices of essential vehicle components, including engine oil and filters, have remained unchanged” part of the statement reads.

He added “Therefore, any attempt to attribute fare increases to rising spare parts costs is unwarranted and an effort to mislead the Ghanaian public. Fare increases should be discussed transparently with all relevant stakeholders, including government regulators and transport unions, to ensure fairness and accuracy.

“We urge the Alliance of Drivers Ghana to ensure that any adjustments to transportation fares are based on factual economic indicators and not unfounded allegations”.

The association further called on transport unions and regulators to engage in transparent discussions regarding fare adjustments to guarantee fairness for both transport operators and the public.

They encouraged transport users to disregard the claims linking spare parts costs to fare hikes, asserting their commitment to truthfulness and transparency in industry matters.