Iran's car market prices surge 40-130% since February, with officials calling it a 'mafia system', highlighting cost-of-living crisis
Domestic car prices in Iran have mostly risen 40% to 80% since the start of the war in February, with some vehicles selling for over 130% of their September 2025 costs. This makes even locally made cars unaffordable for many, as a Peugeot 207 now costs the equivalent of 20 months' salary for a marketing specialist earning four-and-a-half times the minimum wage. Iranian parliament member Mohammad Rashidi stated on Saturday that the industry resembles a "mafia system," a sentiment echoed by other officials and state media. The crisis is attributed to protected state-linked businesses, economic isolation, import curtailment, and industry corruption, exacerbated by the war and sanctions.
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Source:半岛电视台 · Source Link
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