Has the government reached out to us for the budget deficit by the difference in car prices in the stock market? / We reached the stock market from the lucky egg system
According to the report of Economy Online; At first, regarding why the sale of cars in the commodity exchange is wrong and the reason for sending a letter to prevent this happening, Arkani said: The main reason for writing the letter is that we are the people’s representatives. The field of the automobile market has various stakeholders, from the automobile manufacturer to governments and ordinary people. Meanwhile, as a representative, we are thinking of a solution that can bring the greatest satisfaction to the people.
The member of the Program and Budget Commission added: The philosophy of car lotteries is to reach the people with a better quality product at a lower price. But what happened in the field of cars was that the car reached the people at a higher price than the factory price. While the basis of offering any product, including cars, in the stock market is to lower the price.
He continued: The automobile industry in Iran is a monopoly, and the Competition Council is responsible for discovering the price of the exclusive product, and it is not supposed to discover the price of a product whose presence in the stock market will result in this price difference. Emphasizing that no part of the law states that the car will be offered on the stock market, Arkani said: “With the pressure of the Ministry of Security and with the decision of the Council of Heads of the Three Powers, there was a consensus on the sale of the car on the stock market.” However, now we have no justification for the full price of cars in the stock market, because the expiration of pricing for stock cars, which was done by the competition council, was one year.
The people’s representative in the Islamic Council reminded: without the existence of a legal document, the car is offered in the stock market, and the rent that existed in the cycle of demand and consumer and went to the pocket of some consumers, goes to the pocket of the seller. This is due to the annual difference of 500,000 cars in supply and demand.
Low supply of cars in the stock market increases its price
Further, Dadfar said: In February and March of last year, when the plan to offer goods on the stock exchange was proposed, some representatives supported it. However, some representatives still say that importing cars is a mistake. If the supply is low, the price will increase when the product enters the stock market. If smart managers can’t set the price, should the consumer pay? They must control the market.
The secretary of car importers added: You must complete the supply. You were not interested in supplying cars through import.
The excess price of the car in the stock market should be paid to the government
In addition, Jafar Qadri, a member of the Program, Budget and Calculations Commission of the Islamic Council, announced in a phone call that he “agrees” with the sale of the car in the stock market, and said: “My agreement with this event is conditional on the fact that our price depends on the difference between the seller and the seller.” And the buyer will be given to the government to be injected as a subsidy to knowledge-based companies in the automotive industry. Qadri added: The quality of manufactured cars should increase and the field for the competitiveness of this industry should be activated. Cars that are offered in the stock market usually have a free price and a factory price before being offered. When the car is offered in the stock exchange, the stock price is between the free and finished price of the product. This is where rents are removed and the free price moves towards the fixed price.
Dadfar also said in response: This will not happen if engineering is provided. We came to the stock market from the lucky egg system.
Referring to the profit that brokers get from the car lottery, Arkani said: Iran Khodro and Saipa’s customers were brokers in these registrations, not people. Selling in this category was a violation and it was the duty of the ministry of privacy and the regulatory body to deal with them. As for the profit that went to people’s pockets in the lottery, luck was with those who were lucky. Should this money go to the pocket of the automobile industry that sells a car worth 180 million tomans for 400 million? The total price of Tara for the car manufacturer is 250 million tomans and it is sold in the stock market for 450 million tomans.
A member of the Program and Budget Commission noted: Now the discussion is that the monopoly market caused this. The law on car import was approved in the parliament, which the Ministry of Silence was against. The annual shortage of 500,000 cars must be compensated by imports. When domestic supply and demand are not equal, we have to compensate with imports. But there are so many restrictions on cars that the number of imported goods has reached 20,000.
So far, less than 100 cars have entered the customs
Pointing out that if the import of cars in the stock market is accompanied by a low supply, the situation in the market will worsen, Dadfar said: In this situation, a car worth 400 million tomans will sell for one and a half billion. Why should we fall into the pit of governments? This story will not be resolved until we accept that supply and demand are equal. When they can’t produce and they have messed up the country for four years so that they don’t fall under the burden of imports, the situation will not get any better. It has been 20 days that the Ministry of Privacy has been in the movement to organize the import of cars, and the worst thing is that this action is not in the hands of a government agency.
The secretary of the Car Importers Association noted: Customs has a separate system. Import order registration will not be done. The car must come to customs and confirm its health standard. Until this is known, the task of the market will not be determined.
He added: So far, less than 100 devices have reached the country’s customs in these 20 days, and 44,000 orders have been registered. We are not sure about the continuation of this event. Of course, the Ministry of Security cannot import 44,000 cars in the next two months.
Arkani pointed out that the sale of cars on the stock exchange was not approved in the parliament and said: We must determine a mechanism to sell cars on the stock exchange. Our car industry is exclusive and we have a deficit of 500,000 cars every year. The importers announced that they will import cars of higher quality and at a price equal to or higher than the country’s total demand every year. Why do some officials intentionally hurt people? The import of 44,000 cars will take at least one year.
Giving the difference to the car manufacturer creates rent
Qadri also noted: the car is an exclusive product that we do not allow to import as much as needed. The Competition and Market Regulation Council should consider whether a car is a consumer or capital item. They declare a number as the required number of cars if this number is used. When it takes a capital aspect, its number increases.
A member of the Program and Budget Commission said: “It is logical that the car will be offered in the stock market and the price difference will be taken by the government and it will be used in the knowledge of parts making, design and production of the car in order to be in a better competitive condition.” What is the reason to expect that the car will be registered and some people have a chance to win?
He continued: It is wrong for us to give the difference to the car manufacturer or the buyer and it creates rent for the car manufacturer. Of course, policy-making in the parliament should be such that the resources from these differences go towards supporting knowledge-based institutions and not spend on current government expenses.
Arkani also noted: policy making should be correct. The best law is perverted by a foolish executor. Now, why should people buy a car that costs 200 million tomans for 400 million tomans? Why should people pay for the management fees?
Has the government tried to change the price of cars in the stock market for the budget deficit?
Dadfar also pointed out that these events are due to the neglect of the principle of economy, and said: This car and price dispute is repeated about everything, because we do not believe what the power of the car maker is. Whether it reaches the government to solve the government’s budget deficit or production or import; We have two ways, why do we go through it?
The secretary of the car importers association continued: We importers do not take responsibility for the price increase in the stock exchange. We get a percentage of our profit from imports and the sale of goods is the responsibility of the government. Because we have to give a guarantee to the stock market equivalent to what is offered.