Slight Growth in Car Production

Iran’s leading automakers produced 501,635 cars during March 21-Oct. 22, such that SAIPA and Pars Khodro registered a respective increase of 2.1% and 14.5%, while Iran Khodro recorded a 2.8% fall
Slight Growth in Car Production
Slight Growth in Car Production

Iran’s automotive production increased by 1.1% during the current Iranian year’s first seven months (March 21-Oct. 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 501,635 sedans during the period, of which IKCO had the lion’s share of 242,276 vehicles, down 2.8% 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 192,628 vehicles in the seven months, marking a 2.1% increase compared to the year-ago month. 


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