Economy, Auto
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27% Rise in Vehicle Imports

27% Rise in Vehicle Imports27% Rise in Vehicle Imports

A total of 10,000 vehicles worth $255 million were imported into the country in the first quarter of the current Iranian year (started March 20).

According to the list of imported cars released by Iran’s Customs Administration, the country witnessed a 27% jump in the total value of imported cars with engines smaller than 2.0 liter.

According to Persian Khodro automotive website, during this period, 5,129 passenger vehicles with engine capacities between 2-2.5 liters were imported worth approximately $132 million. This shows a 9% increase compared to the same period of last year when 50,022 units were imported.

Compared to last year’s figures, imported cars with engine capacities between 1.5-2 liters increased by 27% year-on-year.

According to the data, 4,984 vehicles, with a net worth of $123 million, were imported during the period while 3,650 units were imported in the corresponding period of last year.

In regards with the number of cars imported, Hyundai i20 occupied the top place with 750 units during the period.

Purchased from the UAE, Hyundai i20 is a super-mini car with a 1,396-cc engine and has been produced by the South Korean manufacturer Hyundai since 2008.

In second place was Renault’s Captur, of which 647 units were bought from Spain. The family-friendly Captur with a 1,197-cc engine capacity comes with six airbags, which helped it earn a five-star rating when it was crash tested by independent safety body Euro NCAP.

The third ranking goes to Ssangyong Tivoli hatchback, with the import of 250 units. Manufactured in South Korea and bought from UAE, Tivoli has a 1,597-cc engine capacity.

Financialtribune.com