Volume. 12227

Iran imports 34,000 cars, valued at $683m, in 4 months
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c_330_235_16777215_0___images_stories_edim_04_ma1(43).jpgTEHRAN – Iran imported over 34,000 cars, valued at about $683 million, in the first four months of the current Iranian calendar year (March 21-July 22).
Iran’s car imports rose by 168 percent in quantity and 154 percent in value during the four-month period compared to the same period in the previous year, the Fars News Agency reported on Wednesday.
In February, Iranian MP Ali Alilou said Iran is planning scrap all car import tariffs in the next two years.
Alilou, who is a member of the Majlis Industries and Mines Committee, said the measure is necessary to boost domestic production and make the auto industry competitive. The MP urged the government to stop propping up Iran’s struggling automobile sector, which has been criticized for the low quality and high prices of its products.

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