There is no legal justification for offering cars in the stock market – Tejaratnews
According to Tejarat News, The spokesperson of the State Penalty Organization stated that there is no legal and defense justification for the sale of cars in the stock market and said: Based on observations, in some cases the price of the car sold in the stock market is 100% different from the base price.
Mohammad Ali Esfanai, the spokesperson of the Government Punishment Organization, said: “We investigate the complaints related to the overselling of cars on a case-by-case basis and issue rulings, but there is a chaotic market when it comes to car pricing, and each one makes a decision.” For a while, the Competition Council proposed the price of the car and the relevant commission in the Ministry of Silence set the price, for a while the support organization and now unfortunately we are witnessing some cars being offered in the stock market, which in my opinion is not defensible in any way.
He added: “A car is not a product that is offered on the stock exchange because it is a product that is offered on the stock exchange for which the price discovery is done. In fact, a product is offered on the stock exchange whose original and real price and production cost are not known to the supplier, such as minerals and… It is offered in the stock market, on the other hand, the consumers of these goods are also limited, while the general public is the car consumer and its price is also completely clear because zero to 100 raw materials required for production can be calculated, so there is a legal and defensive justification for the supply. There is no car on the market.
Esfanani stated that based on observations, in some cases, the price of a car sold in the stock market is 100% different from the base price, and continued: The chaos of the market indicates that it is not possible to talk too much about the car price, we must have a base price, if the competent authorities If it is sold higher than that, it is expensive and we have the duty to deal with it, but I think that the matter should be solved fundamentally.
The spokesperson of the State Punishment Organization added: We have two issues that the parliament must enter into; First, to specify the car pricing authority and its basis, and secondly, the price of plane tickets, which unfortunately has a chaotic market.
Source: Tasnim