WANA (May 9) – The high price of cars in Iran and its low supply have angered people recently.

 

People believe the government needs to act correctly regarding car production and supply. On the other hand, the presence of mafia and brokers in this industry has always been one of the factors in the failure of various governments’ plans in this field.

Cars are seen in the Iran Khodro factory in Tehran, Iran, August 14, 2022. Majid Asgaripour/WANA (West Asia News Agency)

Motmani, the head of the car vendors’ union in Iran, has announced today that the car market is calm, and the level of transactions has almost reached zero.

 

He said there are many car sellers but very few car buyers in the market. And the car market has practically become without customers.

 

The process of price reduction, which started two weeks ago, continues. The car market shows a 10-16% price reduction in most domestic and assembled products.

The workers of the Iran Khodro factory work in the car production line in Tehran, Iran, August 14, 2022. Majid Asgaripour/WANA (West Asia News Agency)