Iran Khodro Has Offered 274,000 Cars Since March

Since the beginning of the current fiscal that started in March, Iran’s largest auto manufacturer, Iran Khodro has sold and presold 274,000 cars.
Since March, the value of the rial has plummeted to unprecedented lows with most Iranians investing their savings in foreign currencies or goods like cars leading to a sharp spike in demand and prices.
IKCO’s sales and marketing deputy, Mostafa Khankarami, says in order to address the excessive demand and calm down the markets, IKCO put 274,000 cars on offer through various sales and presale plans, IKCO Press reported.