The Ministry of Industry and Production has suspended the manufacturing licenses of 3 major car companies.
According to sources, action was taken for non-fulfillment of conditions related to export and localization of vehicles.
According to the Ministry of Industry and Production, the car manufacturing companies had not increased the production of vehicles at the local level, the car manufacturing companies could not even fulfill the 2% export requirement.
Due to this, the Ministry of Industry and Production has suspended the manufacturing licenses of 3 major car companies, the car manufacturing companies are obliged to produce vehicle equipment and spare parts at the local level.
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