News ID : 3727
Publish Date : 15 August 2019 - 10:18
Shortage of liquidity has become to a big problem in auto industry and part industry. While automakers have heavy debts to part makers, this shortage is making more pressure on part makers so they are closing their units or firing their human resources.
Khodrocar_ According to the Association of Homogenous Industries, some 550,000 nuggets are in the chains, which unfortunately nearly 280,000 of them are on the verge of unemployment and adjustment, though last year they tried to inject 4,000. Billion USD at the end of the year, many of the suspended forces will be reinstated, but unfortunately, in the new year, these forces remain uncertain.

"A large number of segmentation workers are in three waves of unemployment, adjustment or suspension, and this is not a good situation for segmentation." Mohammad Reza Najafi Manesh told khodrocar reporter.

"Of the approximately 5 official active car segment makers in grades 1, 2 and 2, approximately 2 are closed and half closed. Correction of parts sales prices Despite repeated increases in the prices of raw materials and production entities in a timely manner, so in the year 2 manufacturers have suffered significant losses." he added.

"The partial liquidity deficit caused by rising input prices to meet the Ministry of Industry's Year 6 announcement program is equivalent to $ 6 trillion, which is unclear." he said.

"The total demand for automotive supply chains from automakers has totaled more than 4 trillion tomans, with pending demands exceeding 6 trillion tomans. Many of the year-end parts price adjustments have yet to be calculated and cross-accounted." he said.

"Many of the executives of the fragmentation companies are facing bankruptcy, prosecution, high debt and jail time and conviction and so on, and the performance of large numbers of entrepreneurs in the country is virtually stopped. In this situation, rather than development, we will see more units being destroyed. he added.

"If thousands of workers were unemployed, the cut-off workers would have to pay around 4,000,000 USD of unemployment insurance annually until the new job was created and in addition, about 4,000 billion USD would have been deducted from the Social Security Organization's income for failing to pay the employees' insurance. And the total balance of the Social Security Organization will be negative in the trillion dollars in the year. Also, about a trillion dollars in tax will go from the treasury to the government and VAT and income will not be collected due to the closure of factories." he continued.

Recently, Ahmad Nemat Bakhsh, secretary of the Automobile Association, also told the Automotive Reporter that the major problem for automakers is the lack of liquidity and that they are owed more than their losses even to automakers, and if this liquidity shortage is not resolved. Losses for carmakers and carmakers will also increase, leading them to bankruptcy.
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