Shortage in Spare Parts Market Could Lead to Higher Prices

If spare parts shortage in the domestic market were to continue in the next two months, prices will increase, according to the head of the Auto Spare Parts Union.
“The shortage in the domestic spare parts market has been caused by a lack of imports, as none of the parts importers has been able to register an order over the past year,” Abdolhadi Khosro-Fard was also quoted as claiming by the news portal of Car.ir.
“At present, many cars are stuck in car service agencies due to the shortage of spare parts,” he added.
Asked about the situation of smuggled spare parts, the official said, “Even the smuggling of auto spare parts is not cost-effective anymore, as customers are not buying smuggled parts because of the product ID plan.”
Khosro-Fard noted that many spare parts dealers have closed their shops due to the critical situation in the domestic market.