When will the new price of domestic cars be announced?
According to the online economy report, quoted by ISNA, Mahmoud Dudange stated that two bases are considered in the regulation of the market, and stated: One of the bases of the guidelines of the support organization is based on the cost. The second basis is the competitive base price, based on which the competitiveness of domestically produced cars is measured from the perspective of different criteria. In this regard, three foreign cars of the same category and similar to each domestically produced car are selected and their average price is compared with the calculated price of the support organization.
Emphasizing that the price of similar foreign cars is the price of the factory and producer, he said: In other words, the price of the car is based on the calculation price of the support organization without taking into account taxes, commercial profit, etc. The higher, lower or equivalent price shows how competitive the domestic car is in terms of price. Finally, the competition council will make a decision accordingly.
The Vice Chairman of the Competition Council continued in response to the question of when the basis of car pricing will be implemented and answered: For this purpose, in the Automotive Working Group of the Competition Council, various meetings were held with car manufacturers, the support organization, the Ministry of Safety, the Automobile Manufacturers Association and all the stakeholders who have a role, and also with institutions that could help in determining similar foreign cars, various and numerous meetings have been held, and we hope that within the next few days, the competition council will be able to make a final summary and decide when this matter will be implemented.
According to this report, it was on 16 Bahman that the Competition Council, following this organization’s belief in the exclusivity of the passenger car market, announced and published the guidelines for regulating the car market and determined the pricing formula for passenger cars. In this regard, Dodangeh announced that in order to determine the base price, for every domestically produced car, three similar foreign cars should be identified and the average price of three foreign cars should be determined in dollars. Then the price is converted to Rials with the exchange rate of the exchange center and compared with the price of the support organization, these cars are graded and classified from A to F. According to this rating, either the price of the sponsoring organization is selected, or according to the conditions in which the competitive base price is determined, the competition council decides to set another price as the base. This process includes all domestic cars.