Call for Tackling Automotive Spare Parts Production Woes

Three major problems have reduced the domestic production of automotive spare parts in the current fiscal year (started March 21).
Delays in the payment of spare parts manufacturers’ dues, foreign currency allocation and price adjustment are the three main problems that have beleaguered the automotive component and spare parts industry, the secretary of the Iranian Association of Parts Manufacturers said.
“Unfair price adjustment delayed by several months is one of the major issues currently troubling parts producers,” Mansour Mansouri also told the Persian automotive daily Donyaye Khodro.