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Iranian auto importers delay deliveries for more money

Business Materials 17 March 2012 12:16 (UTC +04:00)

Azerbaijan, Baku, March 18/ Trend M. Moezzi

Auto importers in Iran are intentionally delaying the delivery of pre-sold vehicles so they can charge more for them, the Iranian Students' News Agency (ISNA) reports.

Over the last two months there has been a sharp jump in the volume of delayed contracts for pre-paid cars, Hossein Ordookhani, the head of Tehran Automobile Showroom and Sellers Association, said.

Sellers have been asked not to pre-sell any imported cars because of the new methods used by auto importers.

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