The story of Iran's importing second-hand and new cars is raised only to manage public opinion and reduce pressure on the government, but apparently, the government does not intend to allocate foreign currency to import cars.

The Iranian government has finally authorized a law allowing the imports of finished cars more than four years after the country imposed a ban on such imports to protect local car manufacturers and to cut back on hard currency spending. The official IRNA news agency said in a Saturday report that the Iranian administrative government had issued ...

Financial Tribune - After a long-drawn fracas between importers and government authorities, 1,048 cars are to get customs clearance. According to Financial Tribunes sister publication Donya-e-Eqtesad, following an agreement between the Industries Ministry and the Islamic Republic of Iran Customs Administration, cars stuck in customs warehouses for ...

Financial Tribune - A two-year tussle between Iranian auto importers and government officials is coming to a close, with 7,500 imported vehicles receiving permits to hit the domestic roads. Secretary of Iran Auto Importers Association Mehdi Dadfar has announced that following extensive talks between IAIA and officials, 7,500 imported vehicles will ...

Tehran Times - Irans imports of passenger cars during the first Iranian calendar month of Farvardin (March 21-April 20, 2019) fell 67 percent compared to the same month of the previous year, Tasnim news agency reported citing the data released by the Islamic Republic of Iran Customs Administration (IRICA). The IRICA data show that the country imported ...

Financial Tribune - Informed sources say the ban on auto imports introduced in June by the government will be extended to the next fiscal year that begins in March. President Hassan Rouhani will present next yearss budget bill to Parliament this week. According to an unnamed source, In the budget bill, the government has set its income from auto ...

MNA Statistics of the Islamic Republic of Iran Customs Administration (IRICA) showed that more than 13,000 cars were imported into the country in the first half of the current Iranian calendar year (March 21-Sept. 21). The bylaw approved at the Cabinet of Ministers on the 6-month grace period given to discharging cars at customs has been ...

MNA An Iranian company is going to import a host of vehicles from Uzbekistan, Uzbek media outlets reported. According to the report, the Iranian company will buy different types of cars from Uzbek car manufacturers for a test and if they bring satisfaction, more cars will be imported in the next phase of cooperation. According to the initial ...

president.ir - After receiving the report by the ministries of Industry, Mines and Trade, Intelligence, and Economic Affairs and Finance and also head of Presidents Inspectorate Office, on the issue of illegal import and sale of foreign cars, President Hassan Rouhani instructed his vice-presidents and ministers to look into the issue. The President ...

Financial Tribune- The government has finally allowed the clearance of imported cars rotting in the customs. It issued a long-awaited directive outlining conditions under which the cars can be released and says the new rules for elevated tariffs are retroactive. Since auto import rules were suspended in June 2017, the online auto import registration ...

Financial Tribune

Financial Tribune | Khosro Kalbasi: The head of Iran Auto Importers Association, Farhad Ehteshamzad, is of the opinion that cumbersome regulations related to the auto import sector are unwarranted leaning on imprudence, and therefore need to be redefined sooner rather than later. In an interview with the Financial Tribune Ehteshamzad says, Excessive ...

Financial Tribune- Head of the Iranian Automobile Importers Association has called on the government to revise its definition of luxury cars, stating that engine size is not an appropriate token for classifying a car as luxurious. According to law, all cars with engines larger than 2.5 liter fall in the luxury class whose imports have been banned ...

Financial Tribune- More than $2.3 billion worth of vehicles and auto parts were imported in the eleven months of the current fiscal that ends on March 20. As has been the case for several years, China, Germany and the UAE topped the list of countries from which the vehicles entered Iran, YJC reported. The weight of the total imports was put at 219,...

Financial Tribune- Iran Customs Administration (IRICA) has released the latest statistics on auto imports. According to the authority the sector observed a 62% year-on-year (y/y) increase during the first nine months of the current Iranian calendar year that ends in March. Financial Tribunes sister newspaper, Donya-e Eghtesad, released the latest ...

Financial Tribune- The Ministry of Industries, Mining and Trade has stopped taking orders for all foreign-made cars on its website without providing any explanation, several local websites reported on Monday. The ministry often publishes and updates the list of cars that can be imported on the website http://sabtaresh.tpo.ir/. On January 2 no cars ...

New data revealed by Iranian Automobile Importers Association indicate car imports to the Islamic Republic are heading for a decline over the fourth quarter of 2016 and into 2017 following weak demand throughout the year. According to IAIA, imports over the first six months of the current Iranian year (started March 20) totaled just 6% of the overall ...

A total of 1,067 vehicles worth $17,094,672 were imported from France, of which 1,062 were produced by Renault in the first two months of the current Iranian year (started March 20). Irans large car sector is one of the most attractive industries to foreign investors who have flocked to Tehran ever since the removal of international sanctions in ...

ILNA: Irans sedan car imports registered a huge fall by 81 percent and stood at 2000 cars during the first three months of the current fiscal year (March 20-June 20). Iran imported $322.74 million worth of cars during the period, 31.4 percent more year on year in terms of value, according to the Iranian Customs Administrations latest report. The ...

The government has announced a new ruling regarding certain imported cars. The administration has ruled that "all vehicles imported to Iran under a valid order issued in the import order placement system of the Ministry of Industries, Mining and Trade may be discharged." The statement, which has led to much speculation, was released during a ...