Big Fall in Auto Exports
Big Fall in Auto Exports

Big Fall in Auto Exports

Big Fall in Auto Exports

Auto and parts exports during the first 11 months of the current fiscal year (ends March 20) fell 36% compared to same period last year.  According to data released by the Islamic Republic of Iran Customs Administration, cars and spare parts with an approximate value of $113.6 million were exported during the period, the Persian-language Donya-e-Eqtesad reported.
The report said during the same period last year exported vehicles and spare parts earned $177.4 million.With the easing of international sanctions last year, local auto manufacturers forged new deals with international car makers like PSA Group, Volkswagen, and Renault.
The agreements are intended to also boost Iran’s auto exports since the foreign companies have committed to assist local firms in exporting the joint products through their international sales network.


Short URL : https://goo.gl/6zOVPY
  1. https://goo.gl/1ekQwY
  • https://goo.gl/Dh3RXd
  • https://goo.gl/RBNCBb
  • https://goo.gl/PsYLsB
  • https://goo.gl/q2DefJ

You can also read ...

CBI Outlines Top Priorities
The governor of the Central Bank of Iran, who took the reins...
Non-Oil Trade Value With Egypt Tops 80%
Iran traded 298,616 tons of non-oil commodities worth $128.23...
Interest Rate Growth Gathers Pace
Two major banks have been allowed by the Central Bank of Iran...
Domestic Shoe Industry Hit by Raw Material Shortage
Domestic shoe production has declined by over 70%, the head of...
Colza Production Breaks 30-Year Record
Colza production in Iran since the beginning of the current...
IKCO to Deliver Presold Peugeot 2008 SUVs
Extending apologies for the prolonged delay in the delivery of...
Rail Exports From Qom to CIS Grow 29%
More than 3,403 tons of goods were exported via railroads from...
Tehran to Host Handmade Carpet Expo
The 27th Iran Handmade Carpet Exhibition is scheduled to open...

Add new comment

Read our comment policy before posting your viewpoints