Ahmad Nematbakhsh, Head of the Car Manufacturers Association in interview with YJC said "Although the price for all vehicle parts has tripled or quadrupled, our vehicles are only 2 to 2.5 times more expensive; that’s why last year we suffered Rls40 billion.”
"This year also we were much damaged. Saipa car manufacturing group, for example, sold 52 thousand vehicles in the first 3 months of this year to suffer a Rls1.3 thousand billion loss,” he added.
He further said "The government must assign real prices or let the manufacturers price vehicles, because right now car manufacturers get nothing but loss.”
Nematbakhsh provided comments that aluminum has moved up from Rls20,000 per kilo to Rls80,000; and tires from Rls330,000 to Rls1,050,000.
"All these influence the cost for a car, so there is no way for us but to increase the prices,” he maintained.