Iranian president orders domestic carmakers to reduce prices
Azerbaijan, Baku, Mar.4/ Trend G.Mehdi/
Iranian President Mahmoud Ahmadinejad has ordered the two major domestic carmakers to reduce end prices, otherwise car import duties will be decreased by 10 percent, the Fars News Agency reported.
In a meeting with managing directors of the two Iranian major carmakers, Iran Khodro and Saipa, Ahmadinejad urged them to help reduce prices through increasing supplies of cars to the market.
The two carmakers pledged to reduce prices by 10-22 percent.
On February 3, ISNA reported that the Iranian administration has decided to reduce car import charges by 5 percent in a bid to create a balance in prices of cars in the domestic market.
The car import charges will be decreased by 5 percent in the next Iranian calendar year, which begins on March 21.
Iran exported 44,682 passenger cars, valued at about $257 million, during the first nine months of the current Iranian calendar year, showing a 330 percent rise in value compared to the same period of last year, ISNA reported.
The number of exported cars showed a 284 percent rise, as well.
Iraq was the major importer of Iranian cars, accounting for 98 percent of total imports.
Small numbers of cars were also exported to Ukraine and Azerbaijan.