6770
Bus Production Halted
Economy, Business And Markets

Bus Production Halted

Iranian bus manufacturers recorded zero output during the Iranian calendar month of Aban (ended November 21), reported ISNA.
During the similar period last year, major bus manufacturers produced 32 buses, including 12 by Runiran company, two by Irankhodro Diesel, 3 by Zamyad, 6 by Akia, and 9 by Oghab Afshan.
Iran annually needs 4,000 buses to better equip its domestic transportation system. Since the 1970s, Iran has been producing buses jointly with European companies, including Germany’s Mercedes and MAN as well as Sweden’s Scania and Volvo. Daewoo Bus Corporation and Iranian automaker Ardebil Sabalan Khodro teamed up in 2010 to build buses. The joint venture was aimed at producing 800 city and intercity buses but the contract was terminated shortly afterwards and the Iranian company started another joint venture, producing Chinese buses.
A transportation analyst recently said while the global standard average age for intercity buses is less than 10 years, the figure is more than 15 years in Iran. Sassan Qorbani pointed to unsafe roads, amateur bus drivers, and old buses as the main challenges faced by the domestic transportation system, reported Khabar Online. 

Short URL : http://goo.gl/H6yQnm

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...

Trending

Googleplus