Article page new theme
Auto

Vehicle Output Surges by 48%

The output of domestic vehicles (including commercial and passenger cars) amounted to 193,437 during March 21-May 21, registering a 48% growth year-on-year

The production of domestic vehicles (including commercial and passenger cars) reached 193,437 in the first two months of the current fiscal year (March 21-May 21), registering a 48% growth compared with the corresponding months of the previous year, according to the Ministry of Industries, Mining and Trade’s Automotive Industry Office.

Passenger car output hit 165,874 during the period under review, registering a 45% rise compared with the previous year. 

The output of pickup trucks reached 21,404 vehicles, registering a 58% growth compared with the previous year.

Van production amounted to 713 units during the period ending May 21, up 1,108% when compared with the same period of the previous fiscal year.

Minibus, middle bus and bus production stood at 381 vehicles, showing a year-on-year rise of 48%. The minibus and middle bus output amounted to 199 (up 35%) and bus production hit 182 (up 65%).

The production of heavy vehicles hit 6,065 vehicles during the period to register a 95% increase compared with the same period of last year.

A total of 38,067 vehicles were produced by the private sector, registering an 80% YOY increase.

The sector’s passenger car production stood at 29,679 vehicles during the period, registering a 75% growth. 

Pickup truck production by the private companies hit 4,405 to register a 92% increase.

Private automakers only produced one van during the period, registering a 98% decline when compared to 59 units in the corresponding period of last year.

Private sector automakers produced 199 minibuses and middle buses during the period, registering a 35% year-on-year growth.

A total of 64 buses were produced by this sector to register a 42% increase compared with the same period of last year.

The output of heavy vehicles amounted to 3,719 units during the period, to register a 138% YOY growth.

 

 Monthly Output Grows by 42%

 

A total of 117,318 were produced by domestic producers in the second month of the current fiscal year (April 21-May 21), registering a 42% increase compared with the same month of the year before.

The production of passenger cars during the month stood at 98,942, registering a 38% growth compared with the previous year. 

The output of pickup trucks reached 13,433 vehicles, registering a 59% increase year-on-year.

Van production amounted to 472 units, up 1,867% when compared with the same month of the previous fiscal year.

Minibus and middle bus output hit 137 vehicles to register a 47% YOY growth.

The production of bus production reached 119, registering a 78% increase compared with the corresponding period of last year.

Heavy vehicles’ output hit 4,215 vehicles, registering a 99% growth year-on-year.

The private sector produced 22,923 vehicles during the month to register a 77% growth compared with the same month of the previous year.

Passenger car output of private automakers hit 17,548 vehicles, registering a 77% growth. 

The sector’s pickup truck output stood at 2,641, registering a 55% increase, which did not manufacture any vans in the month.

Private companies produced 137 minibuses and middle buses to register a 47% year-on-year growth.

A total of 34 buses were manufactured by these companies to register a 49% decline compared with the corresponding month of last year.

The output of heavy vehicles amounted to 2,563 units during the month, registering a 128% YOY growth.

 

 Annual Vehicle Output Reaches 1.3m

 

The production of domestic vehicles (including heavy, commercial and passenger cars) reached 1.348 million in the fiscal 2022-23 (ended March 21), registering a 40% growth compared with the previous year, according to the Industries Ministry’s Automotive Industry Office.

“The highest growth in car production in the last 12 years was recorded in the fiscal 2014-15 and fiscal 2022-23. The only difference in car output in those years is that the assembly of completely knocked down products was undertaken by Iran’s two largest car manufacturers in the fiscal 2014-15,” Abdollah Tavakkoli Lahijani was also quoted as saying by IRNA.

Noting that 105,000 unfinished cars were completed in the previous fiscal year, he added that the production of complete cars by the two largest carmakers stood at 961,000 vehicles during the period, registering a 479% growth compared with the previous year.

“In the past year, 95% of the vehicles were produced as completed products, while only 20% of completed cars were produced in the fiscal 2021-22 and a majority of cars had a deficit of parts,” he said.

“The highest monthly output since the beginning of the international sanctions in the fiscal 2018-19 belonged to the 11th month of the previous fiscal [Jan. 21-Feb. 19] with 133,000 vehicles.”

The official stated that 1.1 million vehicles were delivered by the two manufacturers in the previous fiscal year, registering a 31% growth compared with last year when delivery stood at 838,000 vehicles.

Tavakkoli announced that 195,000 cars were produced by the private sector, registering a 103% growth compared with the previous fiscal year.

“The share of the private sector in car production amounted to 15% in the fiscal 2022-23, which indicates a threefold increase,” he said.

Passenger car output hit 1.07 million during the period under review, registering a 13% rise compared with the previous year.

The output of pickup trucks reached 125,000 vehicles, registering a 56% year-on-year growth compared with last year.

Van production amounted to 3,000 vehicles during the period, up 267% year-on-year.

Minibus and bus production stood at 2,500 vehicles, showing a rise of 44% compared with the previous fiscal.

The production of heavy vehicles hit 34,000 vehicles during the period to register a 150% YOY growth.

Also, the production of motorcycles grew by 61% YOY to stand at 450,000 vehicles in the year under review.