Impact of Car Imports on Market Regulation Examined

Automotive experts believe car imports will not have a noticeable impact on Iran’s car industry, as the price of foreign cars will be much higher than that of domestic ones. 
They believe that the price of imported cars will exceed 9 billion rials, considering the country's foreign currency conditions and the customs tariff.
In this regard, Yousef Haqiqi, a member of the Association of Homogeneous Propulsion Industries and Component Manufacturers, said car imports cannot threaten domestic production, Donyaye Khodro reported. 
“As domestic cars are mainly in the price range of 3-4 billion rials, imports will not reduce the domestic car prices,” he said.