IKCO Urges Removal of Command Pricing Alongside Car Imports

EghtesdaOnline: IKCO has called for the elimination of command pricing in the domestic car market to be able to compete with imported cars.

News ID: ۷۵۲۱۰۵

17 December 2022

As the first batch of imported cars are expected to enter the country soon, Iran Khodro Industrial Group (IKCO) has called for the elimination of command pricing in the domestic car market.

Following the listing of domestic cars in the Iran Mercantile Exchange, their prices have increased. Market players believe domestic automakers want to have more control over the market this way.

Asked to confirm this hypothesis, IKCO’s CEO Mehdi Khatibi denied that

IKCO and SAIPA are pursuing this agenda, Tasnim News Agency reported.