62745
Iran Carmakers’ Output Grows
Iran Carmakers’ Output Grows
  1. Economy
  2. Auto

Iran Carmakers’ Output Grows

  1. Economy
  2. Auto

Iran Carmakers’ Output Grows

In the last month of the last Iranian year (ended March 20), carmakers recorded significant year-on-year growth in production, according to the latest statistics. According to ISNA, Iran Khodro, the largest automaker produced 57,433vehicles indicating a 16.2% y/y growth. The company produced 49,447 units during the same period in  the previous year (ended March 2016). IKCO’s arch rival, SAIPA posted 46.6% growth with 47,135 units produced, observing a 14,982 jump compared to the number of cars produced during the same period of the past year. Kerman Motor — locally assembling Hyundai i10 and i20 in addition to producing Chinese Lifan and JAC cars — registered a 159.2% y/y growth with 4,740 units. Unlike its rivals Bahman Group — which produces FAW and Mazda cars — its production rate observed a 6.1% fall and reached 480 units during the one month period.

 

Short URL : https://goo.gl/u3pbLD
  1. https://goo.gl/K4Ysl7
  • https://goo.gl/JPX0IB
  • https://goo.gl/ikjqBy
  • https://goo.gl/5Mo1hG
  • https://goo.gl/YT4jqW

You can also read ...

Some objects printed by local firms
Tehran will host the first Iran 3D Printing Contest from April...
IPO’s headquarters in Tehran
In a bid to attract foreign investments to Iran and pitch...
 Abbas Akhoundi
Iran is reviewing two major projects to engage in further...
FCDBs are aimed at providing TSE-listed companies with less costly financing compared to local offers. (Photo: Amir Hossein Baratloo)
Issuing foreign currency denominated bonds is Tehran Stock...
Attendants at the Fourth Conference of the United Nations Economic and Social Commission for Asia and the Pacific
Reducing dependency on oil revenues and diversifying its income...
Samsung to launch S8 in Iran despite glitches in software.
The official representative of Samsung Electronics in Iran is...
Sepah Plans China, S. Korea Branches - Photo: Financial Tribune
Bank Sepah plans to establish branches in China and South Korea...
Turkey Blocks Wikipedia
Turkey has blocked online encyclopedia Wikipedia, the...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus