42221
Popularity of S. Korean Cars Endures
Economy, Auto

Popularity of S. Korean Cars Endures

Hyundai, Kia and Toyota were the top popular foreign car brands in Iran in the last Iranian year (ended March 19, 2016) said the deputy head of Iran's Automobile Importers Association.  
According to Kourosh Morshed Solouk, of all the foreign car brands imported last year, Hyundai, Kia, Toyota and Renault each grabbed 36%, 20%, 16% and 7% share of the domestic market respectively, Eghtesad News reported.
Although the figures indicate the prevailing popularity of Korean brands with Iranian buyers, Morshed Solouk said the shares of Hyundai and Kia have slightly declined compared with the past figures.
In December 2015, Farhad Ehteshamzad, the head of Iran’s Automobile Importers Association, said that during the first seven months of the last Iranian year, Hyundai, Kia and Toyota each held 40%, 17% and 16% of the market share respectively.

Short URL : http://goo.gl/ckc5TQ
  1. http://goo.gl/UGxib1
  • http://goo.gl/QhqCXM
  • http://goo.gl/C0cGva
  • http://goo.gl/Sn6gR5
  • http://goo.gl/7pxfsC

You can also read ...

Italy's Ansaldo Set to Produce Power From Iran's South Pars Gas Flares
Italy's Ansaldo Energia signed a memorandum of understanding...
Fate of Cryptocurrency in Iran Hangs in Balance
Virtual currencies are slowly but steadily gaining traction...
IRISL Returns to the Fold of Int’l Shipping Giants
The Islamic Republic of Iran Shipping Lines plans to replace...
1st Currency ETF  in the Pipeline
The Iranian capital market’s first foreign currency exchange-...
Dairy Exports to Hit $1b
Iran is one of the top milk producers and has ambitious plans...
Money and Credit Council Approves Liquidity Risk Management Rules
Money and Credit Council, a top financial decision-making body...
84% Rise in Rice Imports
More than 1.05 million tons of semi and wholly milled rice...
IKCO Again Increases Price of Renault Captur
The price of Renault’s Captur model, sold by Iran Khodro, has...

Trending

Googleplus