Car Industry: Big and Failing

Accusing carmakers of rent-seeking and “operating as one big mafia”, Hossein Raghfar is of the opinion that the inherent corruption in Iran’s auto sector is the one main issue that has harmed the industry, may be irreversibly
Iran Car Industry in ReverseIran Car Industry in Reverse

Local carmakers in Iran that long have earned the fury of an increasing number of people, respected environmental activists and prominent economists for their extended mismanagement and dubious practices, have been singled out again. 
University instructor, well-known economist and a former journalist, Hossein Raghfar, has one simple message for the upstart automakers: rethink your controversial policies or shut down and leave.
In a talk with the news website Fararou, Raghfar said, “For 40 years Iranian automakers have received generous state and government support,” adding that in return for the money they get from the national treasury, “Carmakers now must revise policies and improve performance. If they can’t do that, they’d better shut their business and go home.”


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