Iran’s automotive output increased by 21% during the first five months of the current Iranian year (March 20-August 21) compared to the year-ago period.
According to data released by the Ministry of Industries, Mining and Trade, Iran’s major automakers Iran Khodro Company (IKCO) and SAIPA produced a total of 360,599 cars and commercial vehicles during the five-month period, which figure was 298,307 last year.
The data illustrate that of the total production volume, 286,363 vehicles have been delivered to customers during the period, which is 9% higher year-on-year.
During the month ending Aug. 21, the two automakers produced a total of 110,471 vehicles, registering a 49% rise month-on-month.
August 24, 2020 19:38
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Iran Auto Output Up 21%
Iran’s major automakers Iran Khodro Company and SAIPA produced 360,599 cars and commercial vehicles during the five-month period (March 20-August 21), which figure was 298,307 last year
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