After the government announced constant exchange rates for the foreign currencies, still the part manufacturers are having difficulty with it and they are buying their raw materials 30 percent higher than the current exchange rate.
Khodrocar – Exchange rate fluctuation has always been a big problem for businesses. Vehicle part manufacturers and importers are not exceptions.
The government announced 42000 IRRs as the official exchange rate for dollar but the market is still in shock and the part manufacturers are feeling it. In addition, the lack of dollar is another problem for them. Some part makers believe that if the tariffs for car prices increase, they can also adapt themselves to higher prices.
Now that the exchange rates reached some stability, what are the other demands of vehicle part manufacturers?
Reza Rezaei, Director General of Automobile and Automotive Industries Bureau tells Khodrocar regarding the issue: The automotive market is in a very bad situation but the part manufacturers continued to work and supported the carmakers.
Rezaei believes that the part prices belongs to the year 2013 and since then, exchange rates has been changed a lot.
He emphasizes: If the business atmosphere becomes ideal for the part and vehicle manufacturers, things like imports and smuggling will be reduced. Parts and vehicles are among the strategic industries of the country. The automotive industry is affiliated with at least 70 other occupations.
He mentions that this year named "Support for Iranian Goods” and explains: If a competitive market is created, we are ready to support and produce vehicle part with good quality.
Khodrocar – Last year, the part manufacturers experienced many shocks and difficulties like exchange rate fluctuations, increment of vehicle part imports and finally exchange broke down. Still, old and active part manufacturers want to remain in the automotive industry despite all the problems and support the industry but this requires massive support from government.
Khodrocar Reporter: Negar MirKarimi
Khodrocar Translator: Maziyar Jafarieh
The government announced 42000 IRRs as the official exchange rate for dollar but the market is still in shock and the part manufacturers are feeling it. In addition, the lack of dollar is another problem for them. Some part makers believe that if the tariffs for car prices increase, they can also adapt themselves to higher prices.
Now that the exchange rates reached some stability, what are the other demands of vehicle part manufacturers?
Reza Rezaei, Director General of Automobile and Automotive Industries Bureau tells Khodrocar regarding the issue: The automotive market is in a very bad situation but the part manufacturers continued to work and supported the carmakers.
Rezaei believes that the part prices belongs to the year 2013 and since then, exchange rates has been changed a lot.
He emphasizes: If the business atmosphere becomes ideal for the part and vehicle manufacturers, things like imports and smuggling will be reduced. Parts and vehicles are among the strategic industries of the country. The automotive industry is affiliated with at least 70 other occupations.
He mentions that this year named "Support for Iranian Goods” and explains: If a competitive market is created, we are ready to support and produce vehicle part with good quality.
Khodrocar – Last year, the part manufacturers experienced many shocks and difficulties like exchange rate fluctuations, increment of vehicle part imports and finally exchange broke down. Still, old and active part manufacturers want to remain in the automotive industry despite all the problems and support the industry but this requires massive support from government.
Khodrocar Reporter: Negar MirKarimi
Khodrocar Translator: Maziyar Jafarieh
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