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 Codal.ir, 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.
October 03, 2021 18:02
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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
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