Domestic Economy
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Auto Part Makers Seek Support

Auto Part Makers Seek Support
Auto Part Makers Seek Support

Only 20% of all auto-parts used in the production of the Renault Logan and Saipa Tiba cars are domestically manufactured, that is according to the Auto Parts Manufacturers Association. The rest are imported from China, Taiwan, and Turkey, said member of the association, Mahmoud Najafi, criticizing the parliament, government, and the Competitiveness Committee for “allowing imports of cars instead of supporting domestic manufacturing.” He warned that in the past few years many of the domestic auto-part producers were forced to close due to poor economic conditions. Last week, a deputy industry minister said that car imports had doubled in the first quarter of this year compared to the same period last year. Valiollah Afkhamirad said, however, that “the surge is not something to be worried about.” 

 

Financialtribune.com