50360
Domestic Car Output Up 10%
Domestic Car Output Up 10%

Domestic Car Output Up 10%

Domestic Car Output Up 10%

Iran’s auto manufacturers produced just shy of 450,000 vehicles in the first five months of the current Iranian year (started March 20), noting a 10% increase year-on-year, new statistics showed.
The total of 448,522 cars produced by Iran Khodro Group, SAIPA, Pars Khodro and a host of other smaller CKD manufacturers mark an uptick in production, which followed a modest return of market confidence.
The report, released by IRIB on September 21, noted that Iran’s car producers are witnessing a growing interest in new vehicle buyers, in part due to new finance options offered to buyers.
More recently, production in the Iranian month Mordad (started July 21) rose at Iran Khodro, SAIPA and Modiran Vehicle Manufacturing Company compared with the same period of the previous year.
IKCO produced 55,751 units and registered a 38.7% year-on-year increase while SAIPA had a 58.4% rise with 45,258 units. In the 30-day period, MVM produced 3,915 units, up by 70% from last year’s 2,303 units.

 

Short URL : https://goo.gl/WCXgYS
  1. https://goo.gl/6U24HA
  • https://goo.gl/kcEjyl
  • https://goo.gl/L9VzG0
  • https://goo.gl/NqflLI
  • https://goo.gl/WQmn3n

You can also read ...

President Rouhani Officially Inaugurates Tabriz 2018
A glittering ceremony attended by President Hassan Rouhani was...
Audi Recalling 1.16 Million Vehicles
Volkswagen AG’s luxury unit Audi said on Tuesday that it was...
E-Jing GT electric sports car concept
The Beijing International Automotive Exhibition is a barometer...
Pensions Account for Biggest Share of Treasury Payments
Payments to the Civil Servants Pension Organization accounted...
While Iran currently produces about 400,000 tons per year of aluminum, consumption is around 600,000 to 700,000 tons.
Iran is on track to launch a new aluminum smelter early next...
In its meeting on Tuesday, the Money and Credit Council, headed by CBI Governor Valiollah Seif, approved further cuts to interest rates levied on Housing Savings Account.
Iran's highest financial decision-making body has approved...
Bank Branches Shrink
Iranian banks have shrunk by 0.3% in the previous quarter...
A host of high-level officials, including several ministers, CBI Governor Valiollah Seif and two deputies of President Hassan Rouhani were present at the meeting on April 25. 
Iran’s First Vice President Es’haq Jahangiri on Wednesday...

Trending

Googleplus