Iran’s automotive production increased by 17.16% during the 11 months to Feb. 18, compared with the same period of last year.
According to data released by Securities and Exchange Organization on Codal.ir, Iran’s leading automakers, namely Iran Khodro (IKCO) and SAIPA, produced 817,069 sedans during the period.
IKCO’s output rose to 432,006, which is 21.7% higher year-on-year when the company manufactured 354,982 passenger vehicles.
Peugeot models had the lion’s share with 312,563 cars in the 11 months. Samand was IKCO’s second most popular model with 48,947 units.
IKCO also manufactures commercial vehicles, such as pickups, vans, trucks and buses, but the production rates of these vehicles have not been released yet.
March 01, 2021 18:33
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Auto Output Surges by 17%
Intro: During the 11 months to Feb. 18, IKCO’s output rose to 432,006, which is 21.7% higher year-on-year when the company manufactured 354,982 passenger vehicles
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