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80 to 140 Percent Increase in Car Prices

Mehdi Matlabzadeh, a board member of parts manufacturers association says the price of automobile parts have increased 80 to 140 percent due to the rise in the price of foreign currency.

Arash Mohebbi Nejad, chairman of vehicle and parts manufacturing association also said: “The price of car parts need to increase 80 percent for the auto industry to remain alive.” According to him, “there are no parts available for the tens of thousands of presold cars.”

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