Car buyers: Let competition prevail

Financial Tribune – 47.4% of the participants said they fully back a free car market where supply and demand determine prices. They said the government’s decades-old and overgenerous support for the lethargic state-owned car companies must be drastically reduced.

Car buyers in Iran support privatization and a free market approach to the key industry and oppose generous state and government subsidies for the inefficient sector, a survey conducted by Iran Standard and Quality Inspection Company showed.

The survey was conducted on the sidelines of Tehran Auto Show 2019 (Jan. 8-11) where 1024 people were polled, ISQI reported on its website. ISQI is a private company that conducts monthly auto quality and safety tests on behalf of the Ministry of Industries.

Almost 90% of the participants were men, they had academic education and their average age was 34.