EghtesadOnline: After months of wrangling between the government and auto importers over the imposition of new restrictions, new rules have been approved by the government. The online auto import registration system that had been suspended for months will restart at the weekend.
EghtesadOnline: What could best be described as a chaotic market, the prices of imported cars in Iran have been rising almost on a daily basis and in some cases by up to 280 million rials ($7,000) increase.
EghtesadOnline: Prices of imported vehicles have shot up 15% during the past three weeks, Head of Iran Auto Importers Association said.
EghtesadOnline: Much like developed markets SUVs and crossovers are now becoming more visible in Iran’s imported car market.