Domestic Carmakers Unable to Accomplish Production Goals

An automotive expert rules out the likelihood of domestic automakers achieving their production goal of 1.4 million vehicles by March 2023
Domestic Carmakers Unable to Accomplish Production Goals
Domestic Carmakers Unable to Accomplish Production Goals

The policy of domestic car manufacturers changed this year from increasing turnover to completing cars with parts deficit, Saeed Madani, the former CEO of SAIPA, said. 
Automakers managed to complete most cars, but it resulted in a decline in production.
“Car manufacturers claim that in the future, they will not produce incomplete vehicles. Apparently, the production process has improved, but I don't think car manufacturers will be able to compensate for the low turnover of last year in the remaining six months of the current year,” Madani was also quoted as saying by Khabar Khodro.
Major carmakers set a goal of producing 1.4 million vehicles by the end of the current fiscal year (March 2023), but statistics indicate that these companies only produced about 500,000 new cars that are far from their goal. 


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