Exchange rate fluctuation or brokers’ interference? Lack of vehicles of US exit from JCPOA ? Reduction in vehicle production of ban of vehicles and parts import? Who is in charge of the unrest of the market in the first half of the year?
Car registration is banned until further notice and no vehicle will be imported anymore. The decision that the government believes is order to support the domestic goods. But what are consequences of this action?
After Donald Trump’s exit from JCPOA , vehicle importers and market activists believe that if this situation continues, it leads to the exit of foreign investors and importers sooner than expected.
Exactly when the imports started breathing and the foreign automakers were up to start investing in Iran, the sudden decision of government ruined everything.
These days it seems that Emmanuel Macron is going to change his mind about the relations with Iran. This is totally in contrast with the word they said before.
Less than 10 days remaining until the end of the year. The government promised the part manufacturers to make the situation better for them but nothing have happened indeed.
During the last two years, JCPOA had positive effects on Iran’s automotive industry but some believe that this joint comprehensive plan didn’t have any effects on this industry.
Iran and Italy started a cooperation as old commercial partners to produce 2 million Fiat in Iran. But the golden days of auto industry didn’t show up and it seems that the cooperation of both countries in the auto industry has met a dead end.
After the approval of JCPOA , the automotive industry started to count on foreign investments but after two years just three contracts have been inked and there are still lack of foreign investments.
The second anniversary of JCPOA in near, a Joint Comprehensive Plan of Action which supposed to be a mean for achieving economic and industrial growth. By reaching its second anniversary, we can see that some of its objectives are not realized yet.
VW, Fiat, Renault, Peugeot-Citroen, KIA and Nissan were the first automakers to be announced as possible partnership candidates to Iran’s automotive industry, especially with the two major automakers of Iran, right after JCPOA .