Iranian automaker increase prices

The CEO of Saipa announced increases in the prices of domestic cars, according to which the popular models of Iran Khodro increased by 29% while Saipa products increased by an average of 17-18%.
According to Mohammad Ali Teymuri, the last price increase applied to Iran Khodro and Saipa products was in December 2021, we did not have any hike in prices last year, IRNA reported.
The average price increase for Shahin models is about 18% and Quik is 17%, he said adding that for the products of Iran Khodro Industrial Group, cars such as Pars, Samand, Tara and Dena, an average price increase of 29% has been applied.
The prices which was first announced by the Competition Council were actually higher than these figures (with an average of above 40%), but after the order of First Vice President Mohammad Mokhber, the new figures announced for price increases.
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