Financial Tribune - Prices of auto parts have more than tripled since March thanks to the unprecedented increase in currency rates and fluctuations in the forex market

A s if not to stay behind the unending race to jack up prices of goods and services in ways unseen in the recent history of the country, auto spare parts makers also have more than tripled their prices making maintenance and repair services unaffordable for many car owners.

For instance, each headlamp of the Japanese Mazda3 assembled by Bahman Motor sells for 90 million rials ($642) indicating a 200% increase. The price of batteries for SAIPA’s small city hatchback Pride has reached 3 million rials ($21) from $7 earlier in March.

Head of Tehran Auto Mechanics Association Alireza Nikaeen told state TV, “Prices of brake pads, clutch disks and filters have more than tripled.”