Iran H1 Car Output Falls 1.4%

Iran’s leading automakers produced 429,414 cars during March 21-Sept. 22, such that SAIPA and Pars Khodro registered a 0.5% and 17.3% increase, while Iran Khodro recorded a 7% fall
Iran H1 Car Output Falls 1.4%
Iran H1 Car Output Falls 1.4%

Iran’s automotive production decreased by 1.4% during the first half of the current Iranian year (March 21-Sept. 22) compared with the year-ago period.
According to data released by Securities and Exchange Organization on, Iran Khodro (IKCO), SAIPA and Pars Khodro, Iran’s major automakers produced 429,414 sedans during the six-month period, of which IKCO had the lion’s share of 205,934 vehicles, down 7% year-on-year.  
IKCO also manufactures commercial vehicles, such as pickups, vans, trucks and buses. However, no statistics have been released in this category. 
SAIPA, IKCO’s competitor, produced 165,463 vehicles in the six months, marking a 0.5% increase compared to the year-ago month. 


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment