Auto Output Growth in Top OICA Ranking
Auto Output Growth in Top OICA Ranking

Iran's Auto Output Growth in Top OICA Ranking

Iran's Auto Output Growth in Top OICA Ranking

The International Organization of Motor Vehicle Manufacturers (OICA) says  Iran’s auto industry had the largest growth rate internationally during 2016.

A chart published on the organization’s website shows that Iranian automakers produced 1,074,000 cars and 90,710 commercial vehicles in 2016, recording an 18.6% growth.

Iran’s key auto industry saw a 9.9% decline in 2015 when local auto firms  produced 884,866 cars and 97,471 commercial vehicles. OICA’s 2016 statistics show that Iran was followed by China with a 14.5% growth.

China produced 28,118,794 cars and commercial vehicles, during the period. In terms of total production figures, Iran is 14th among the 39 countries which play an active role in the international auto industry.

The country’s heavy duty and commercial industrial vehicles were sluggish compared to the car industry. In terms of commercial vehicles produced, Iran came in the 22nd position.


Short URL : https://goo.gl/7PNT8O
  1. https://goo.gl/TcBg9D
  • https://goo.gl/H7m4W2
  • https://goo.gl/avWvbQ
  • https://goo.gl/zhEAy4
  • https://goo.gl/w55dG6

You can also read ...

Currency, Gold at New High in Tehran Market
The foreign exchange market heated up again on Monday to post...
Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes
The government’s Economic Council last week approved a...
Iranian Ministry of Industries, Mining and Trade has released...
Iran: Summer Sees Highest Inflation on Record
The consumer price index increased from 116.2 to 134.6 or...
Iranian Private Carmaker Increases Prices 55%
Iran’s largest private automaker Modiran Vehicle Manufacturing...
Tehran Stocks Rally, Incline Toward Export Sector
Tehran Stock Exchange set a fresh record high on Monday as...
Iran Steel Exports Rise  27% to Over 4m Tons: ISPA (Mar-Aug, 2018)
A total of 4.13 million tons of finished and semi-finished...
Iranian Banks Lend $16.8 Billion in 5 Months
Banks and credit institutions allocated 2.4 quadrillion rials...

Add new comment

Read our comment policy before posting your viewpoints