Auto
0

Which Cars Are Likely to Be Imported in Fiscal 2022-23

According to an automotive expert, cars worth $20,000-40,000 are expected to be the main imported vehicles
Which Cars Are Likely to Be Imported in Fiscal 2022-23
Which Cars Are Likely to Be Imported in Fiscal 2022-23

After the Majlis Joint Commission’s approval for importing 60,000 vehicles in the fiscal 2022-23 (starting March 21, 2022), media outlets are speculating about the models on the import list.
Cars worth $20,000-40,000 are more likely to be imported during the period.
Of the total number, the commission has approved the import of 50,000 passenger cars and 10,000 heavy mining and road construction machinery in the next fiscal year.
“Car imports will have the biggest impact on government revenue. People think that the government stopped imports for supporting the car industry, while the government has stopped importing many products, including foreign cars, to curb foreign exchange consumption,” Amir Hossein Kakaei, an automotive expert, told Car.ir that foreign exchange resources are expected to be released in a controlled manner, because if all foreign exchange resources are released, car imports will also become free and there is no reason to set a limit on car imports.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com