Industry: Reducing the prices of some cars produced in their factories


The Ministry of Industry and Minerals announced on Sunday that the General Company for the manufacture of cars and equipment in the month of January a number of contracts with the state departments and provincial councils to equip them with trucks and various mechanisms and specialized equipment and metal deposits, while reducing the cash selling prices of some types of cars produced in their factories.

"The signed contracts were distributed by five contracts with the South Oil Company, four contracts with the Oil Pipeline Company, three contracts with the Popular Propagation Authority and Diyala province, and one contract with each of the municipality," said Talal Hussain, general manager of the company, in a press statement. Hilla, Karbala and Dar Al-Nahrain for printing, and refineries of the north and the municipality of Dujail. "

He pointed out that "the total value of contracts signed amounted to (71) billion and (600) million dinars, pointing out at the same time that" the company fulfilled its full contractual obligations for the past three years with the provinces of Diwaniyah and Maysan and the Popular Mobilization and Gas Filling Company and the Oil Pipeline Company and the Department of sewage Karbala and the General Military Industries Company, which included the processing of multi-purpose bags, road machines, various midwives, various basins and other capacities and mechanisms. "
In another context, Husain disclosed "a reduction in the sale prices of some cars produced in the factories of the company and for a period of three months starting in January this year to allow the largest number of citizens to buy these cars in line with prices prevailing in the local markets."

He pointed out that "the reduction included the price of cash sales only and four types of 2018 cars included (Ur X6 CARE normal, Or X6 automatic, Or 620 Slid Rove and BYD) automatic"), noting that "the traffic figure is (500) thousand dinars only in the directorates of traffic in Baghdad and the general provinces, pointing out that the reduction did not include the prices of sales in installments for the existence of a contract with the banks funded.

Article Credit: https://economy-news
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