An unaffordable car market highlights Iran’s cost-of-living crisis

🌐 Al Jazeera (IR) —
An unaffordable car market highlights Iran’s cost-of-living crisis

AI Summary

Iran’s car market has become largely unaffordable, reflecting the broader cost-of-living crisis in the country. Officials and state media have criticized the automotive industry, describing it as a ‘mafia’ system that fuels high prices and restricts access to vehicles.

Some officials and state media have long openly described the industry as a ‘mafia’ system.

World Politics Markets Iran economy car market cost of living crisis auto industry market mafia vehicle prices

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