62745
Iran Carmakers’ Output Grows
Iran Carmakers’ Output Grows

Iran Carmakers’ Output Grows

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 ...

WTO Accession No More a Priority for Iran
Joining World Trade Organization is no longer a priority for...
Rouhani Sends Banking Reform Bills to Parliament
Following an approval by the Cabinet and a presidential...
One factor causing a drop in Chinese steel in Iran is their rising prices.
Chinese steel was everywhere in the world for the good part of...
Bill on Construction Quality Inevitable
In order to curb the construction of substandard buildings,...
The price of foreign cars is likely to jump again with new import guidelines.
Ministry of Industries, Mining and Trade has stopped issuing...
Peugeot’s 301 model is on sale in Turkey for more than three years.
Iran Khodro dealers confirm that the new Peugeot 301 sedan is...
TSE’s Average P/E at 5.6
The average price to earnings ratio of Tehran Stock Exchange-...
Proposed Economy Minister Pledges Overhaul
Economy minister-designate, Masoud Karbasian, elaborated his...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus