Auto Demand Projections  by 2025
Economy, Auto

Auto Demand Projections by 2025

Iran’s Ministry of Industries, Mining and Trade has predicted that the annual demand for passenger cars and pickup trucks in Iran will reach 2.3 million units by March 2025. This has been published in a document detailing the goals and policies for developing Iran’s auto industry by March 2025, ISNA reported. The report also states that two million cars will be manufactured in Iran while the remaining 300,000 will be procured via imports. In the last Iranian year (ended March 19, 2016), fewer than one million passenger cars and pickup trucks were produced by Iranian car manufacturers.  The Ministry of Industries, Mining and Trade has set the production goal for the current Iranian year at 1.3 million units. Projecting demand for industrial goods and adapting production to demand are one of the most important prerequisites for drafting development plans.

Short URL : http://goo.gl/8tyP5g
  1. http://goo.gl/pCIc6h
  • http://goo.gl/L0rr3P
  • http://goo.gl/ZsuGq6
  • http://goo.gl/6zhHju
  • http://goo.gl/spST7e

You can also read ...

The Meeting of Central Banks and Monetary Authorities of the OIC Member Countries was held on September 21-22 in Bodrum, Turkey. 
Governor of the Central Bank of Iran Valiollah Seif said given...
Oberbank Deal to Trigger European Finance Flow
The chief executive of Oberbank–whose bank this week became...
Petrochemical products account for the lion’s share of the export price index (46%).
The export price index snapped its two-month contraction and...
Apparel tops the list of goods smuggled into Iran.
The Ministry of Industries, Mining and Trade has introduced...
Unwanted Mehr Housing Units to Be Repurposed
With the aim of bringing to a close the protracted and...
Proton Dissolves Dormant Subsidiary in Iran
Malaysian industrial group DRB-Hicom Berhad, the owner of...
The deal was signed on September 12 at a Daimler factory in Wörth am Rhein, in Germany’s western state of Rhineland-Palatinate.
Data released by Iran Khodro Diesel, a subsidiary of IKCO,...
SCI Puts Inflation at 8%
The goods and services Consumer Price Index in the 12-month...