EghtesadOnline: Local automakers were recently given the go-ahead by the Competition Council to raise prices and one lawmaker says he would keep an eye on their actions.

EghtesadOnline: The government-backed Competition Council that keeps an eye on the prices of local products, including vehicles, has given permission to some local carmakers to increase prices of several models.

EghtesadOnline: The Competition Council has permitted domestic automakers to raise the prices of some cars, while there is no logical explanation behind such a decision, a council member said.

EghtesadOnline: The so-called Competition Council that keeps an eye on the pricing of local products, including vehicles, has given permission to some local carmakers to increase prices of several models.

EghtesadOnline: The Minister of Industries, Mining and Trade, Mohammad Reza Nematzadeh, has called for promoting the role of the free market in determining auto prices.

EghtesadOnline: Car prices in Iran will remain unchanged in the new fiscal year according to a price-list released April 6 by auto website Asre Khodro.

EghtesadOnline: The Court of Administrative Justice has issued an order suspending the Rouhani administration’s latest amendments to auto import rules that have created chaos in the market and pushed up prices. As per the court ruling, import tariffs on vehicles should be rolled back to before the Dec. 30 amendment.