Iran Auto Industry’s Facts and Figures

Auto & Tech Desk
Defective gov't forex policies and US pressure on carmakers’ foreign partners to terminate their Iran operations have pushed the sector into a bind with a significant decline in auto makers' output
Auto Industry’s Facts and Figures
Auto Industry’s Facts and Figures

During the first four months of the current fiscal which started in March, Iranian automakers manufactured 436,136 cars and commercial vehicles, down 0.1% from last year’s 436,413 units.
According to the data released by the Ministry of Industries, car production has declined 0.2% compared to the same period last year dropping to 410,722. In the four-month period, 18,952 pickup trucks were made in Iran indicating a 3.7% year-on-year decline.
Manufacturers of trucks, minibuses and vans have fared better during the period, respectively making 5,069 (up 20.8% YoY), 653 (up 123.6% YoY) and 433 (up 65.9% YoY) units.


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