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 ...

INTA Defends Monitoring of Bank Transactions
Head of the Iranian National Tax Administration Kamel Taqavi-...
TCI to Unveil eWallet
The local fixed-line operator Telecommunications Company of...
Democratic Senators Amy Klobuchar (L) and Mark Warner introduced the Honest Ads Act, in Washington, D.C. on Oct. 19.
A bipartisan group of US senators took the first steps this...
Iran-Iraq Bank Can Help Boost Trade
The head of Iran-Iraq Chamber of Commerce believes that the...
Banks’ Fiscal H1 Loan Portfolio at $68b
The Iranian banking system paid out 2.7 quadrillion rials ($67...
Iran Biggest Mideast Producer, Consumer of Footwear
Iran is the biggest producer and consumer of footwear in the...
The cost of releasing an album in the European countries is far higher than in Iran.
It’s tough to be a musician in Iran and tougher for music...
Iran H1 Iron Ore Exports Earn $490m
Iranian iron ore miners exported over 8.69 million tons of...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus