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

NEWS SUMMARY
An unaffordable car market in Iran highlights a severe cost-of-living crisis, with domestic car prices rising 40-80% and maintenance costs doubling or tripling since last year. Experts attribute this to protected state-linked businesses, economic isolation, and import curtailments, leaving households unable to afford low-quality vehicles relative to their salaries.
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Some officials and state media have long openly described the industry as a ‘mafia’ system.

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