News ID: 4635
Publish Date : 14 August 2023 - 14:07

Automakers will face the competition council again/ shortage of foreign exchange resources despite the doubling of foreign exchange income

In this situation, the question arises as to how the bill of two years ago in the field of car import is facing the problem of foreign currency supply despite the doubling of foreign exchange earnings?
Khodrocar - While the Minister of Industry has announced concerns about the supply of foreign currency needed for imports, and the Office of Automotive Industries, in a letter to the manufacturers, has requested a change in the place of supply of their required foreign currency, as the foreign exchange earnings of the 13th government have been diverted from the place of oil export and sale to It has almost doubled and according to the members of parliament, this government collects all the foreign currency income from the sale of oil.

The supply of foreign currency to the automobile industry has become a problem again, and in a situation where we have recently seen movements in the field of car imports, car manufacturers, motorcycle manufacturers, and bicycle manufacturers have been instructed in a letter to review the way they supply their currency, in relation to the supply of their required currency. Proceed from the place of export. Although the letter issued by Tavakoli Lahijani, the director general of the automobile industry office of the Ministry of Industry emphasizes the need to enhance exports and deepen domestic production, it gives the impression that the country is still facing a shortage of foreign exchange resources.

In this letter, Tavakli requested the industries to stop relying on the Ministry of Industry to supply foreign currency and think about exporting to supply the required foreign currency, or to supply the foreign currency they need from other exporters.

This is the situation when the Minister of Industry, Abbas Aliabadi, has recently stated that the reason for the delay in the import of cars is the lack of foreign exchange resources. Export and import are two levers for the balance of production and consumption. The period will take place in a serious way to regulate the market and the only concern is the supply of foreign exchange needed for car imports, while according to officials, during the two years that have passed since the announcement of the government's agreement to import cars, i.e. in September 1400, the sale of oil Perhaps it has more than doubled and non-oil exports have also increased significantly, so that in 1401, the amount of non-oil exports reached more than 51.5 billion dollars.

Meanwhile, according to Hadi Beginejad, a member of the Energy Commission of the Islamic Council of the 13th government, he found different ways to sell oil, so that the current government both sells oil and collects financial resources from oil sales.

In this situation, the question arises as to how the bill of two years ago in the field of car import is facing the problem of foreign currency supply despite the doubling of foreign exchange earnings?

On the other hand, there is this uncertainty that what will be the fate of the prices with the supply of the required foreign currency from non-governmental sources? Is it still emphasized on the presence of the competition council in the field of pricing of the automobile industry despite the supply of currency from the place of export?

Ahmad Nemat Bakhsh, the secretary of the Automobile Manufacturers Association, which is one of the three associations that received this letter, recently announced that about a month ago, the Minister of Industry announced that we should think about providing currency in various ways to continue our activities. Therefore, as in the past, we emphasized that car manufacturers cannot obtain all their raw materials and parts at free prices, but sell their products at mandated prices and joint sales plans, therefore, the Minister of Industry, while confirming this point, agreed with The removal of pricing was announced and it was decided that the car manufacturers will obtain their currency in various ways in the open market, but in exchange for the removal of this government support, they will sell their products at free prices in the market, so by removing this pricing method, the car manufacturers will be able to sell their products after a long time. to free themselves from the pressure of these accumulated losses.

Undoubtedly, one of the main benefits of removing mandatory pricing in the car market is the removal of false demand for cars. With the single rate of the car price in the free market, a large number of car demands will definitely be removed, because many people are looking to take advantage of the rent in the car market just to maintain the value of their money. Therefore, the contrast between the floating price of the currency provided for car production and the fixed price of the Competition Council is a new spectacular confrontation that will heat up the war between the car manufacturers and the Competition Council.