The Ministry of Industry and IDRO seek to compensate the accumulated losses of automakers by relying on the defined measures by reforming the structure of automakers and also implementing the production leap package while achieving the projected goals in the field of growth of automobile production. It is under consideration at the meeting of the Production Leap Council.
Khodrocar - The carmakers' losses, which were partially offset by a revaluation last year due to a lack of cash flow and the continued pricing of orders that led to loss-making production, are hitting record highs this year. Gives that the accumulated losses of these two automakers this year are approaching 20 thousand billion tomans.
This situation is while the Ministry of Industry, by defining the production leap program, is trying to achieve a 50% growth in car production, which is definitely a loss for car manufacturers who claim that they are losing up to 50 million Tomans on each product. Brings with it more accumulation.
Previously, a production jump program was presented at the relevant headquarters, but it is not clear whether, in addition to this program, strategies have been defined to compensate for the accumulated losses and reduce it or not?
In this situation, the question arises as to whether the Ministry of Industry, as the custodian of the production leap program, has devised a plan to compensate for this loss, or only seeks to increase the supply by relying on more production?
"In the envisaged package, the modification of the processes related to the supply of parts in the form of low cost, supply of suitable raw materials, financing for the supply chain such as step bonds and Murabaha bonds, as well as increasing the facility ceiling are emphasized. In the event of a jump in production, compensation should be provided to automakers.” Mohsen Salehi Nia, CEO of IDRO told khodrocar reporter.
"In this package, we should be able to compensate part of this loss by reducing the cost price and part by correcting the price of some cars, and at the same time prevent further losses.” He said. "This package was presented at last week's meeting of the Production Leap Council and it was decided to pay more attention to it in the other two expert meetings and finalize its cases.”
"Accordingly, the second meeting on this package was held last week, according to which a series of measures was tried to be implemented as a set so that both the audience from the perspective of consumers and production companies and parts manufacturers can Supply your products in the supply chain.” He said.
"Definitely, the structure of car manufacturers must be corrected to prevent the current loss. Undoubtedly, if the structure is not corrected, the production jump will not be realized, so the loss must be prevented in order to achieve the production jump.” He continued.
This situation is while the Ministry of Industry, by defining the production leap program, is trying to achieve a 50% growth in car production, which is definitely a loss for car manufacturers who claim that they are losing up to 50 million Tomans on each product. Brings with it more accumulation.
Previously, a production jump program was presented at the relevant headquarters, but it is not clear whether, in addition to this program, strategies have been defined to compensate for the accumulated losses and reduce it or not?
In this situation, the question arises as to whether the Ministry of Industry, as the custodian of the production leap program, has devised a plan to compensate for this loss, or only seeks to increase the supply by relying on more production?
"In the envisaged package, the modification of the processes related to the supply of parts in the form of low cost, supply of suitable raw materials, financing for the supply chain such as step bonds and Murabaha bonds, as well as increasing the facility ceiling are emphasized. In the event of a jump in production, compensation should be provided to automakers.” Mohsen Salehi Nia, CEO of IDRO told khodrocar reporter.
"In this package, we should be able to compensate part of this loss by reducing the cost price and part by correcting the price of some cars, and at the same time prevent further losses.” He said. "This package was presented at last week's meeting of the Production Leap Council and it was decided to pay more attention to it in the other two expert meetings and finalize its cases.”
"Accordingly, the second meeting on this package was held last week, according to which a series of measures was tried to be implemented as a set so that both the audience from the perspective of consumers and production companies and parts manufacturers can Supply your products in the supply chain.” He said.
"Definitely, the structure of car manufacturers must be corrected to prevent the current loss. Undoubtedly, if the structure is not corrected, the production jump will not be realized, so the loss must be prevented in order to achieve the production jump.” He continued.
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