64660
Zamyad Expanding Market Share
Zamyad Expanding Market Share

Zamyad Expanding Market Share

Zamyad Expanding Market Share

The CEO of industrial vehicle manufacturer Zamyad, has made known that the company’s light-duty commercial vehicles have a 35% share in the market. Fereydoon Hamidi, says the company’s production rate saw a 23% year-on-year growth during the last fiscal (ended March 20), IranEconomist.com reported. The company is set to expand its production in the current year, he noted. “Zamyad is set to manufacture vehicles based on European production platforms and upgrade the quality of its output.” Zamyad, a subsidiary of SAIPA Group, unveiled three new Italian-derived IVECO light vehicles in February in a bid to boost market share. These have yet to begin production. The three models are Starlis 500, Starlis 540 and Eurocargo. It is the first time the models are produced in Iran. Currently, Zamyad sells a range of models, from vans to heavy-duty trucks in addition to pickup trucks.

 

Short URL : https://goo.gl/ca5guh
  1. https://goo.gl/ZlDd6M
  • https://goo.gl/csQfZB
  • https://goo.gl/IN71xn
  • https://goo.gl/5zcR4Y
  • https://goo.gl/UIyZpE

You can also read ...

The Meeting of Central Banks and Monetary Authorities of the OIC Member Countries was held on September 21-22 in Bodrum, Turkey. 
Governor of the Central Bank of Iran Valiollah Seif said given...
Oberbank Deal to Trigger European Finance Flow
The chief executive of Oberbank–whose bank this week became...
Apparel tops the list of goods smuggled into Iran.
The Ministry of Industries, Mining and Trade has introduced...
Petrochemical products account for the lion’s share of the export price index (46%).
The export price index snapped its two-month contraction and...
The deal was signed on September 12 at a Daimler factory in Wörth am Rhein, in Germany’s western state of Rhineland-Palatinate.
Data released by Iran Khodro Diesel, a subsidiary of IKCO,...
Proton Dissolves Dormant Subsidiary in Iran
Malaysian industrial group DRB-Hicom Berhad, the owner of...
SCI Puts Inflation at 8%
The goods and services Consumer Price Index in the 12-month...
VW Seeking Long-Term Cobalt Supplies in Shift to Electric Cars
Germany’s Volkswagen is moving to secure long-term supplies of...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus