Economy, Auto
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Latest Production Figures Announced

Latest Production Figures Announced Latest Production Figures Announced

According to the latest production figure released by the Ministry of Industries, Mining and Trade, Iran manufactured 95,314 passenger vehicles in the last Iranian month (June 21-July 21).

This marked a 12.58% rise compared with the same period of the previous year.

With a 4.8% and 34.9% increase in production, the country’s first and second largest auto manufacturers, Iran Khodro Company and SAIPA, produced 50,427 and 37,975 units respectively during the period, ISNA reported.

Modiran Vehicle Manufacturing Company produced 3,816 cars during this period, indicating a 41.3% rise in the company’s production compared with the same period of the year before.

Production trend was downward at the country’s third biggest car manufacturer, Kerman Motor, that produced 2,857 cars during the period, marking a 40.7% year-on-year fall.

Similarly, Bahman Group, which produces vehicles under license by Mazda, produced 532 units and registered a 55.1% year-on-year decrease.

The production lines of Rayen Vehicle Manufacturing Company, which used to produce Rayen V5 and Rayen D60, were shut down during this period.

  Buses and Minibuses

During the same period, Iranian bus manufacturers produced 59 units to record a 37.2% year-on-year increase.

Furthermore, 36 minibuses were produced during this period to mark a 29.4% jump compared with the same period of the previous year.

Iran Khodro Diesel, a heavy goods vehicle producer and a subsidiary of Iran’s largest carmaker Iran Khodro Company, manufactured 11 buses before its bus production line was shut down.

By producing 15 minibuses, the company recorded a 57.1% fall in production compared with the same period of the previous year.

Oghab Afshan, a producer of Scania buses in Iran, produced 48 buses during this period, up by 269.2% from last year’s 13 units.

Three Iranian bus and minibus manufacturers, namely Akia, Horand Khodro Diesel Company and Asia Pishro Diesel Company recorded zero output during this period.

In line with its earlier plans, Bahman Group produced 21 minibuses.

 

Financialtribune.com