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Outcome of Car Imports Unclear

Automotive experts are at loggerheads over how car imports will impact car prices in the domestic market
Outcome of Car Imports Unclear
Outcome of Car Imports Unclear

While some experts believe car imports will help reduce prices in the domestic market, others believe they will have the opposite effect.
After car prices peaked in the last two months, the prices of some domestic and imported cars have fallen by up to 20% following the drop in foreign exchange rate. 
Asked if the downtrend will continue, Mohammad Farahabadi, an economic expert, said one of the important automotive news is that car import tariffs are going to increase from 20% to 171% for engine volumes of 1,000 cc to 3,000 cc, the Persian automotive daily Donyaye Khodro reported.

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