The Vice Chairman of the Competition Council: Factory prices of cars will increase by 40 percent.
The Vice Chairman of the Competition Council stated that the factory prices of cars will increase by an average of about 40 percent.
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Of course, some cars will see a price increase of less than 40 percent, while others will experience an increase of more than 40 percent. This matter was unanimously approved in the recent meeting of the Competition Council, and the process of notifying the Ministry of Industry, Mines, and Trade and car manufacturers is underway. Naturally, after the decree is communicated, the process of implementing the decision must also begin.
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