Industry Ministry Says Auto Offer at the IME Drives Price Volatility

The Industries Ministry in a statement explained why it halted the sale of cars at the Iran Mercantile Exchange.  
The ministry last week announced that selling autos via the IME was incompatible with the existing rules designed to regulate the auto market. 
In the statement it pointed to the huge gap between supply and demand in the chaotic auto market, arguing that offering in-demand cars that are in short supply via the IME pushed up prices.