Automotive Dealer Engaged in ‘Stocking’ Fined

Recent currency fluctuations have affected many sectors. The automotive industry was also among those affected. After the price increase, many dealers kept the cars, in other words, ‘‘stocking’ he was starting to do.

President in the past Recep Tayyip Erdoganannounced that new measures would be taken for increasing stockpiling. Expressing that he is quite uncomfortable with this issue, Erdogan said that those who are stocking will pay heavy prices, property will be confiscated and penalties will be increased. had expressed. Now a step towards this issue has been taken. The Ministry of Commerce fined an automotive dealer in Izmir for stocking.

An administrative fine of 545 thousand 550 liras was given

Unfair Price Evaluation Board, To an automotive dealer in Izmir He imposed an administrative fine on the grounds of ‘stocking’. According to the explanations, this penalty is the upper limit of the penalty. 545 thousand 550 liras was determined as. In addition, it was stated in the statements that unfair price increases in all sectors and stocking, which causes consumers to be prevented from reaching the goods, are closely followed:

In the official statements made on the subject, “Against price increases that do not match the supply-demand balance and activities that disrupt the regulated free market. deterrent measures are being taken and all possibilities are mobilized by our Ministry within the framework of the legislation. statements were given and it was stated that an administrative fine was issued to the dealer.

Officials think that stocking has increased significantly due to rising prices. Erdogan’s statements before his visit to Qatar also stated that the measures on this issue will become more stringent, and that such punishments will be imposed. may increase is showing.