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Parts Shortage Hampers Auto Sales

Statistics indicate a rise in the number of incomplete vehicles for lack of parts and components, as domestic automakers did not clear their dues with auto parts manufacturers
Parts Shortage Hampers Auto Sales
Parts Shortage Hampers Auto Sales

A total of 69,949 vehicles were produced by the two main domestic automakers SAIPA and Iran Khodro Company (IKCO) in the current fiscal year’s eighth month (Oct. 23-Nov. 21), but only 58,872 vehicles were completed and sold.
A look at domestic statistics indicates that a large number of vehicles remained incomplete, mainly because automakers faced payment problems with auto parts manufacturers that consequently failed to supply the needed auto parts...

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