The Iran Project
: Iran’s largest automaker the Iran Khodro Company (IKCO) announced that the National Competition Council has not accepted its request for the car price increase.
Sunday 7 January 2024 - 16:37
Story Code : 411227
Source : The Iran Project
Iran Khodro says its request for price increase not accepted
Over the past two days, there has been conflicting news about the car market and the price change of automobiles.
In this regard, the Parts Makers association had announced that a plan has been approved and signed by the Ministry of Industry, Automobile Manufacturers and Parts Manufacturers that by the end of the year, each automaker (Iran Khodro and SAIPA) will sell 60,000 cars at a price 5% below the market margin.
In reaction to this news, the Competition Council also rejected any conditional license to increase car prices and stressed that selling cars outside of the provisions of Resolution 543 is illegal and a pure violation.
However, Iran Khodro said following the rumor published in cyberspace about obtaining a license to sell cars on the margin of the market, this company has requested to get a license to sell a number of its products on the market margin from the authorities.
But despite numerous follow-ups, no official notification has been sent to this company, IKCO stressed.
Reporter : Fatemeh Khoshroo
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