Expressing repeated excuses for importing cars/ the unfinished story of currency mismatch in the car industry

Khodrocar - It was the middle of the summer when the Director General of the Automobile Industry Office of the Ministry of Industry, in an official letter with the topic of "Reviewing the Source of Foreign Exchange" addressed to the three associations of automobile manufacturers, motorcycle manufacturers and bicycle manufacturers, announced that to deepen the internal manufacturing sector of the companies, they should think more about internalization and from this Associations requested to think about exporting to supply the required currency or to supply their required currency from other exporters.

Following this decision, car manufacturers went to their old export markets so that while reviving exports, they could supply the currency they needed, which is normal, with the stoppage created in this direction, it took a long time for the situation to return to normal. Private sector automakers, or assemblers, chose a newer way.

This group of car manufacturers, after receiving raw materials such as copper, aluminum, steel, etc., at the government price, exported these raw materials at the FOB price of the Persian Gulf, or even higher in some cases, in order to meet their needs in Moro currency. These conditions were while the component makers were dissatisfied with these conditions and emphasized that by providing these raw materials, they can compensate for the decrease in production and reduce the negative effects of this process. 

However, this process lasted for several months until in the past few days, following the restrictions related to the supply of foreign currency from individuals' exports, the Minister of Industry, in a letter to the First Vice President, announced the supply of foreign currency for assembled vehicles from the Nima system and It is emphasized that the difference between the foreign exchange rate and the currency resulting from the export of individuals is received from the assembly car manufacturers themselves.

In his letter, the Minister of Industry, Mines and Trade has emphasized that due to the existence of the difference between the price of the currency resulting from exports and the currency of the Nima system, it should be ordered to collect this difference from the assembly car manufacturers under the order of the market regulation headquarters.

This situation is that before and with the removal of the reserve currency of the car manufacturers, the possibility of increasing the car price again has become stronger, and the notification of this decree and the obligation of the car manufacturers to pay the difference in the price of the export currency and the system also increases the possibility that we have to wait. Increase the price of cars.

The unfinished stories of currency in the auto industry continue to the extent that this lack of resources has faced many buts and ifs for the approval of the import of used cars.

This resolution, which was postponed today due to many reasons, is now stuck in securing foreign exchange resources.

In his latest statements, Siahkali, a member of the Parliament's Industries and Mines Commission, stated that the Central Bank's reason for not notifying the approval for the import of used cars, based on the inability to recognize the origin of currency abroad, is strange and emphasized that the regulations for the import of used cars have been drawn up and approved. And it is in the notification stage and this statement of the central bank is very strange.

According to him, the person who exports can keep his currency in a foreign bank and import as a foreign currency, and the exporters are also known. Therefore, this answer has no legal basis and we request that the resolution of the parliament, which is the law, be respected.

These statements seem to be the only excuse for the non-implementation of this law because foreign exchange sources have been prevented from promulgating the executive regulations on various pretexts. It seems these days currency and how to supply it has become a huge challenge in the automobile industry, an industry that has always tried to reduce its dependence, but still the industry is completely tied to currency and how to supply it.