90,000 billion tomans of money was blocked for the purchase of cars / Financing car manufacturers from people’s pockets?

“Khorasan” newspaper wrote: Finally, it was time to register applicants for the nationwide car sales plan. Despite the capacity of 500,000 applicants and the condition of opening a proxy account with 100 million Tomans available, the number of applicants has reached 900,000, and according to the statements of the Ministry of Privacy spokesperson, it seems that all these people can participate in the said plan. In this way, we have to wait for the presence of 900 thousand people with 90 tons of money blocked in this project. The money that will be available to car manufacturers for a month and a plan will be implemented that will have bad effects on the car market in the next year.

Omid Qalibaf, the spokesman of the Ministry of Security, announced: Applicants to buy a car from the integrated domestic car sales system, whose proxy account has been approved, can register on the esalecar.ir website from Friday to Sunday (March 28).

In this project, 9 domestic car manufacturers participate in the integrated car allocation plan and 51 car models can be purchased for applicants. In the integrated car allocation plan that was announced in advance, all applicants will be given cars without drawing lots. Earlier in this context, Omid Qalibaf, the spokesperson of the Ministry of Industry, Mines and Trade, said that less than 900,000 people declared a power of attorney account to buy a car, and this can prove that the statistics of several million registrations in the past were not real demand. He stated: Assuming that all 900,000 people who have declared a representative account are eligible, and considering the previous commitments of car manufacturers in 1402, which is about 400,000 units, the car production capacity of the total of these two figures in 1402 is far greater. It is more, so the possibility that the delivery of the car will take until 1403 is almost zero. According to this report, 50% of the car supply in the integrated plan of car allocation will be allocated to mothers subject to the youth law of the population, of course, it is mandatory for these applicants to have a power of attorney account.

The statement of the spokesperson of the Ministry of Security shows that from now on, about one million and 300 thousand cars will be handed over next year in the form of an integrated sales plan and other commitments of car manufacturers, and this heavy commitment does not allow much new sales in the next year. A problem that makes it difficult to manage the market through the possibility of offering new cars and sales plans. According to the recent announcement of the Deputy Minister of Safety, Manouchehr Lagi, the production of car manufacturers this year will reach 1 million 300 thousand units by the end of the year, and next year there is a forecast of 1 million 600 thousand units. If this amount of production is realized, the capacity of immediate car supply in the market by car manufacturers will decrease in a way that makes it difficult to manage the market. That too, in the situation where the inflation rate forecast shows that despite the high inflation in the next year, the possibility of price increase in the market margin and the formation of a two-rate market is not far from reach.

Another important issue is the blocking of 90 thousand billion tomans of money in the hands of car manufacturers in one month. By depositing money into proxy accounts in the coming days and determining the assignment of registered cars at the end of April, in practice 90 thousand billion tomans of money will be available to car manufacturers without calculating this amount in the form of participation period or profit allocation to the owners of this deposit. . While from the time of registration to the determination of the assignment of the registered, the time was much less. Therefore, it is clear that in this plan, with this implementation method, 90 thousand billion Tomans will be provided to car manufacturers at a zero rate to solve the financial problems of these companies from the people’s pockets.