Domestic Automotive Spare Parts Supply Woes Expected to Worsen

EghtesadOnline: The lack of automotive spare part imports due to the foreign currency crunch will create problems for customers, as this issue will cause a shortage of parts and hike prices in the coming months.

News ID: ۷۵۲۶۸۸

10 July 2023

The lack of automotive spare part imports due to the foreign currency crunch will create problems for customers, according to an auto spare part expert.

Navid Habibi also told the Persian automotive daily Donyaye Khodro that this issue will cause a shortage of parts in the coming months and customers would be compelled to buy them at a much higher rate.

The expert added that the spare parts market is facing various problems, including the difficulty of importing parts as the Central Bank of Iran does not allocate the required foreign exchange.