Upward reaction of the car market to the order of the President / Continuation of the upward slope of prices

According to Tejarat News, in the market on Monday, the price of domestic cars went up again after a day without change (Sunday). The price of a large number of cars in the market rose on Monday.

Reaction of the car market The president’s order to stop the increase in car prices was initially accompanied by stable prices, but after two days and only one day of price stability in the car market on Monday with an increase of two to five million tomans in a large number of cars was with us.

Record in Pride price increase

The price of Pride 111 again set a new record and reached 167 million Tomans. Pride 131 increased to 148 million Tomans. The price of Tiba cash register increased in different models.

The price of Peugeot 206 type two models was 1400 and increased to 260 million Tomans and the price of Peugeot 206 type five reached 305 million Tomans. Also, the price of 207 cars in different models increased.

The price of Peugeot 207 model 1400 Panorama reached 352 million and the price of Peugeot 207 Panorama automatic model 1400 reached 473 million Tomans.

Which car had a price reduction?

In the market on Monday, November 15, the price of Peugeot Pars LX in different models decreased. Also, the price of some Rana models in the market was decreasing.

The world of economics wrote:

Car market dizziness

Meanwhile, the increase in the price of domestic cars has been stopped by the order of the President, and according to the market, the price curve, after the official announcement of the increase in the price of cars, first climbed and then stabilized.

According to market news, after the automakers announced the increase in the price of their products, the market reacted to this and the price increased.

According to the market data of online requirements – wall – the average price of zero-kilometer cars (imported and domestic) in the first two days of this week, has increased by an average of one percent compared to the first two days of last week.

For example, the price of Brilliance car has increased by 14 million Tomans, while the price of Rana has decreased by seven million Tomans.

Although the price increase has been stopped by the order of the President for the time being, this issue has not been able to return the prices to the previous state (before the announcement of the new prices). Of course, this also coincided with the growth of the exchange rate.

The Impact of the President’s Involvement in the Price Rise

According to market participants, the president’s involvement in the domestic car price hike somehow only stopped price growth, but did not have the power to bring prices back to normal.

On Tuesday evening last week, it was suddenly reported that car prices had risen with the permission of the government, and carmakers soon released their new product price lists. گ

According to the analysis of the Consumers and Producers Protection Organization, based on the production costs of the extracted automakers and the market regulation headquarters, the new prices could have been approved.

Automakers trying to liberalize prices

In other words, the new prices were set in such a way that automakers would not lose out on their production and sales, and would even make a profit of two or three percent.

Although the automakers sought price liberalization, the same decision (pricing based on production cost) also pleased them, as they no longer had to sell their products at a loss.

The carmakers’ happiness, however, did not last more than 48 hours, which was announced by the president because the market regulation headquarters did not have a resolution on car prices, and the price increase was canceled.

Short-term happiness and unhappiness of carmakers

The President’s position was cold water on the bodies of automakers who, happy with the end of the loss, were preparing to increase production and sales.

But just as the carmakers’ happiness did not last, their grief over the cancellation of the price increase did not last long, as it was announced that the tacit agreement of the President had been reached to resume the car price increase.

Now, according to the latest news, the price of domestic cars is going to officially increase after the end of October and from the beginning of December, and probably the same prices as before (prices that were announced last Tuesday evening in proportion to the production cost of automakers).

Read the latest car news on the Tejarat News car news page.