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 Codal.ir, 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.
November 01, 2021 18:23
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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
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