Auto
0

Iran Government Piecemeal Auto Policies Gets a Drubbing

Member of parliament, Asadollah Qarekhani, is of the opinion that local automakers through their powerful lobbies compel the government to impose prohibitive tariffs on imported cars so as to remove any semblance of strong competition from the market
Customs duty for hybrids has been increased from 5% to 15-65%.Customs duty for hybrids has been increased from 5% to 15-65%.
Many legislators say by using insider information and the benefits of cronyism, auto importers have made fortunes from the volatile import rules and the chaotic market to the detriment of the people

Two legislators, Asadollah Qarekhani and Vali Maleki, have censured the government’s automotive policies, hammering the Ministry of Industries, Mining and Trade for policies that have disrupted business and created more space for an already chaotic market.
Qarekhani on several occasions has criticized the government for changing auto import rules impulsively. “The government does not have a well-defined strategy for regulating car imports or the auto industry in general. The ministry’s automotive policies simply have no justification or consideration for market demand, public safety and fuel efficiency,” he told ICANA.

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