Competition Council Deems Ministry's 15% Car Price Hike Insufficient; Refers Case to Oversight Bodies (Wednesday, July 8, 2026)
At its 758th session on July 8, 2026 (17 Tir 1405), Iran's Competition Council found a 15% domestic car price increase approved by the Industry Ministry fell short of the roughly 25% the Support Organization had calculated as justified, and referred the Ministry's deviation from Directive 543 to oversight bodies.
Transcript
Iran's Competition Council referred the car pricing case to oversight bodies on Wednesday, July eighth. A fifteen percent car price increase fell short of the Support Organization's own figure. The Ministry approved fifteen percent, while the Support Organization had calculated near twenty five percent. The dispute traces back to June seventeenth, when Iran Khodro raised prices by up to fifty percent. At session seven hundred fifty eight, the Council laid out three competing numbers. This is the second dispute in a month between these two bodies over car pricing. Under Directive five forty three, prices must follow cost plus a reasonable profit margin. The Council called the unilateral cut a deviation and referred the case upward. Car purchase inflation reached one hundred twenty four percent in Khordad. Cars are a major household expense, and the factory to market gap remains wide. The Council's spokesperson said the Ministry set a rate below the calculated figure. From June seventeenth to July eighth, the dispute advanced step by step to referral. Follow up could run through parliament, the judiciary, or the coordination council. Watch for the Ministry's response and the car inflation reading due in early August. Read the full analysis on Sahmino.
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