89215
Auto Industry Explores Ways to Address Upcoming US Sanctions
Auto Industry Explores Ways to Address Upcoming US Sanctions
Thursday, July 05, 2018

Auto Industry Explores Ways to Address Upcoming US Sanctions

With the auto industry on the edge of a precipice, decision-makers in the sector convened to address grievances and work out solutions to rectify the situation
Iranian Specialized Manufactures of Auto Part Association is tapping the academia’s potential to withstand looming sanctions and mitigate possible damages caused by a lack of access to cutting-edge technologies
Thursday, July 05, 2018

Auto Industry Explores Ways to Address Upcoming US Sanctions

Key players in the Iranian auto industry are pooling all their resources to address the tumultuous state of the industry and the car market in recent months and work out strategies that could help sustain the sector in the face of upcoming economic sanctions by the US.
Carmakers’ representatives, parliament members and directors of auto part manufacturers from across the country exchanged views on the matter during a session held by the Iranian Specialized Manufactures of Auto Part Association at the Iran Chamber of Commerce on Sunday, the association’s website reported.
Overshadowed by the absence of representatives from the Industries Ministry and Iran Khodro, the gathering put together a list of demands they expect the government and lawmakers to accommodate.
The makers have demanded an update in auto part prices according to the current inflation rate and the skyrocketing costs of raw materials.

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.

Short URL : https://goo.gl/JvFZvi
07/05/2018
  1. https://goo.gl/7KSJKL
  • https://goo.gl/3hZCKa
  • https://goo.gl/rqUKwE
  • https://goo.gl/pFzBKi
  • https://goo.gl/3DoU3P

You can also read ...

PSA Group Committed to Delivering Presold Cars in Iran
Automotive joint ventures between Iranian and subsidiaries of...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...
Illicit Car Imports Under Judiciary’s Scrutiny
Judiciary Chief Ayatollah Sadeq Amoli Larijani says they have...
Major Auto Show in Shiraz
The newest round of Shiraz Auto exhibition, one of the major...

Add new comment

Trending

Googleplus