Commodity exchange increased the profits of car manufacturers? – Tejarat News

According to Tejarat News, although the car trade in the stock market was welcomed by car manufacturers, stock exchanges and experts in the car field, it does not seem that the Ministry of Security considers this to be the best way to supply cars. We have to ask what is the best way to price the car, considering the doubts that the ministry has?

According to Iran Pocket, as the previous announcements said, more than two thousand cars were released in the stock market this week. This was the issue that the economic desk program addressed and examined the advantages and disadvantages of stock market car supply and pricing. This program was held in the presence of Qalibaf, the spokesman of the Ministry of Security, Taheri, the head of the commission of the Islamic Council, and Jahormi, the deputy official of the stock exchange.

In this program, Jahormi, deputy official of the Iran Commodity Exchange, supported the progress of the car supply process in the Commodity Exchange by referring to the many resistances that have existed regarding the supply of cars (including in the Ministry of Security) and are still continuing. In general, the supply of cars in the commodity exchange can lead to the improvement of the income of car manufacturers since it leads to the discovery of a price higher than the factory price of cars.

This issue will automatically have a positive effect on the profit and as a result the shares of car manufacturers in the stock market. Meanwhile, in the lottery system, of course, most of the cars have been removed from it, there will be a possibility of a large rent for the winners. Of course, the supply of cars in the commodity exchange will have benefits for the government in advance of value added tax. According to Jahormi, deputy official of the Commodity Exchange, last year the government lost 7 thousand billion tomans due to non-receipt of value added tax (regarding the competitive rate of cars of two car manufacturers).

Is stocking a car temporary?

However, Qalibaf, the spokesperson of the Ministry of Security, stated that the sale of cars on the commodity exchange may be suitable for a period of time. At that point, car production reaches a point where car manufacturers can sell their products at a single price in the market without any parallel market, otherwise the commodity exchange itself is considered an intermediary in a situation where production is at its equilibrium point.

He pointed out that the interests of the people, such as the law on the youth plan of the population and the renovation of used cars, should be taken into account. Having said that, the fact that the supply of cars in the commodity exchange leads to the formation of the third price is not a very happy event. The principle of the car market is that the car manufacturer can sell its car directly or through dealers, as in the past. According to him, the commodity exchange actually recognizes the excess costs of car manufacturers in pricing.
Of course, he clarified the position of the Ministry of Security in such a way that the Ministry of Security supports the supply of all cars, both domestic and imported, in the commodity exchange.

Even the stock market is a plan to return the rent to car manufacturers

But on the other hand, Taheri, the head of the Majlis Industries Commission, pointed to the previous plan of the Majlis in this regard, which in short says that cars should be offered on the stock market, so the excess price of cars compared to the fair price should not go to the producer’s pocket, but to expenses such as Development of public transportation, research and development of automobile manufacturers, etc.

All in all, it should be said that just as the current prices provide a large rent to the winners of the car lottery, the full listing of the car on the stock exchange, according to the recent experience that the car prices are close to the market price, will provide the car manufacturers with a rent equal to the difference in the stock market price at a fair rate. . For this reason, it seems that the recommendation of any pricing model should be based on an equation that includes a fair price, identifying existing rents, and guiding it along with the timetable for the automakers’ exit from losses.