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More Cars to Be Sold via the IME

Nov 20, 2022, 10:16 PM
News ID: 36777
More Cars to Be Sold via the IME

EghtesadOnline: The move to sell cars via the IME is in the context of curbing and eventually ending the government’s contentious practice of imposing prices.

After offering Peugeot 207 at the Iran Mercantile Exchange (IME), the Securities and Exchange Organization (SEO) is set to offer other popular models in the stock market, a SEO official said.

“The [next] vehicles can include the Peugeot 206 and Peugeot Pars. The two main auto manufacturers, namely Iran Khodro (IKCO) and SAIPA have to make the decision,” Amir Mehdi Sabayi was quoted by SENA news agency as saying.

The move to sell cars via the IME is in the context of curbing and eventually ending the government’s contentious practice of imposing prices, Sabayi said.