Articles
Neutral, dated analysis and explainers across Iran’s markets.
Iran's Administrative Court Annuls Competition Council's Car Down-Payment Rule; Saipa and Iran Khodro Give Conflicting Codal Disclosures
Iran's Administrative Court of Justice annulled Competition Council Resolution 473, known in the auto industry as the "inflation-share rule," on Wednesday, August 19, 2026. The resolution had locked a car buyer's pre-sale down payment in as a fixed share of the price at registration. Saipa's August 22 Codal disclosure said the annulment is retroactive and its financial impact is still being calculated; Iran Khodro said the same day the ruling has no revenue effect on the company.
Iran to Roll Out a 400 Million Toman Loan for Replacing Worn-Out Cars Next Week; Gap to the Cheapest New Car Still Tops 500 Million Tomans (Friday, 23 Mordad 1405)
Farshad Moghimi, deputy industry minister and head of Iran's IDRO, said Friday, 23 Mordad 1405 (August 14, 2026) that a revised bylaw on replacing worn-out ("frasudeh") cars takes effect next week, offering up to 400 million tomans in bank financing per vehicle. That sum, plus up to 180 million tomans in scrappage certificates, still falls more than 500 million tomans short of the cheapest new car Sahmino tracks, the Saipa Pride 151 GX at roughly 1.15 billion tomans.
Tehran's Dollar Slipped to the 186,000 Toman Channel on Sunday; Iran's Car Market Did Not Follow, and Some Models Got Pricier (18 Mordad 1405)
On Sunday, 18 Mordad 1405 (August 9, 2026), Iran's free-market dollar slipped to around 186,000 tomans in Tehran, its lowest level in weeks and well off its Tir-month (June/July) record. Iran's car market did not track the move: the Tara Automatic V4 and the manual Peugeot 207 both got pricier the same day, even as most assembled and imported models eased. Analysts point to sellers' price floors and weak demand as the reasons for the resistance.
861,285 Applicants for 53,900 Cars: Odds in Iran Khodro's Ordinary Lottery Scheme Fall to 2.22 Percent (Monday, 3 August 2026)
In Iran Khodro's fourteenth sales round, whose lottery was drawn on Saturday 10 Mordad 1405 (1 August 2026), 861,285 people registered for 53,900 vehicles. In the ordinary scheme, 729,101 applicants competed for 16,170 units, a win rate of 2.22 percent, or one person in 45. But the prize has shrunk too: the gap between market and factory price on base models has fallen into single digits, and the rent has retreated into a handful of specific models.
