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IME Announces New Rules for Auto Trade

EghtesadOnline: The IME cautioned manufacturers about delivery dates in that they should ensure timely delivery of vehicles.

The Iran Mercantile Exchange (IME) has announced new regulations for automakers to sell cars via this market. The two main companies, Iran Khodro and Saipa, are obliged to list a minimum of 2,000 vehicles in every offer.

According to SENA, the limit is 500 units for private car producers.

The measure apparently is to improve the supply side as automakers henceforth cannot offer a limited number of vehicles at the IME. Officials say the move can also help reduce the final price of cars sold at the IME.

IME Auto Trade