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Read the latest news about Iran’s automotive industry, market trends, output figures, & import data, along with updates about Iran Khodro, Saipa and Pars Khodro

  • €26m Localization Plans Devised
    Iranian auto parts manufacturer SAPCO has devised a scheme for the indigenization of metal and non-metal components worth €26 million for the current fiscal year (started March 21). According to...
  • Iran Auto Sector Losses Hit $3.3b
    The top two domestic automakers’ cumulative loss has reached 800 trillion rials ($3.36 billion) by the month ending May 21.  Saeed Madani, a former CEO of SAIPA, added that in view of the...
  • IKCO, Local Bank Collaborate to Boost Auto Parts Localization
    Iran’s Bank Tejarat has decided to lend 1.5 trillion rials ($6.38 million) to the major automaker Iran Khodro Company (IKCO) to boost localization. Based on the recent agreement between the two...
  • Iranian Car Ranking Released
    Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending April 20.  The quality watchdog is a...
  • MAPNA, Bam Khodro Form JV to Manufacture Electric Vehicles
    Iran has joined the global electric vehicle race, as the domestic engineering and energy giant, MAPNA Group, and Bam Khodro, a subsidiary of Kerman Motor Company, are gearing up to jointly produce...
  • Debts Add to Automakers’ Woes
    Iran’s auto industry is crippled with massive debts, a member of Iran Auto Parts Makers Association said. Reza Rezaei also told Tasnim News Agency that over the past six months, Iranian carmakers...
  • Soaring Car Prices Impede Taxi Renovation Program
    The government's decades-old taxi renovation program has been hampered by rising car prices in Iran, as only 9,000 dilapidated taxis were replaced with new cars in the last Iranian year (ended ...
  • Auto Sector Losses Reach $1.36b
    Iran’s ailing auto sector lost 300 trillion rials ($1.36 billion) in revenue during the last Iranian year (ended March 20, 2021). Announcing the above, Soheil Memarbashi, the head of...
  • Industries Ministry Outlines Plans to Bolster Auto Sector
    The Ministry of Industries, Mining and Trade plans to curb imports worth $3.4 billion in domestic industries during the current fiscal year (started March 21), a considerable share of which...
  • Auto Output Surges by 117% YOY
    Iran’s automotive production increased by 117% during the month ending April 20, compared with the same period of last year. According to data released by Securities and Exchange Organization on...
  • Ranking of Iranian Cars Released
    Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending March 20.  The quality watchdog is a...
  • Localization Projects to Curb IKCO Capital Flight by €133m
    Iran's largest automaker, Iran Khodro (IKCO), has implemented 125 localization projects in various fields, which are expected to reduce capital flight by €133 million per year. Adel Pirmohammadi,...
  • Over 53,000 Public Transportation Vehicles Converted to CNG Hybrids
    A total of 53,672 gasoline-powered public transportation and commercial vehicles have been converted into compressed natural gas hybrids over the past few months. The initiative is part of a...
  • Auto Parts Localization Checks Capital Flight by $210 Million
    Major Iranian automaker Iran Khodro (IKCO) has slashed capital flight by $210 million through localization of vehicle parts in the last two Iranian years (March 2019-21). Farshad Moqimi, CEO of...
  • 36% of Tehran Vehicles Fail Emission, Technical Checks
    Over one-third of vehicles used in Tehran failed to meet emission standards and pass technical inspection tests. Hossein Moqaddam, the CEO of Tehran Vehicle Technical Inspection Bureau, said that...
  • Iran Auto Output Rises by 4.3% in Fiscal 2020-21 YOY
    In the last fiscal year that ended March 20, a total of 900,714 passenger vehicles were produced in Iran, indicating a 4.33% rise year-on-year. According to data published on the website of Iran...
  • Iran-Made Car Quality Improves
    Iran Standards and Quality Inspection Company has released its latest report on ranking locally-made cars, which indicate a slight improvement in vehicle quality. ISQI’s website has released its...
  • Carmakers, Armed Forces Expand Tech Ties to Overcome Sanctions
    Iran’s armed forces are expected to play an increasing role in auto industry by helping curb the impact of US sanctions on the key sector. After the US reimposed sanctions against Iran, foreign...
  • Auto Sector Taps Into Academic Potentials to Boost Production
    Major automaker Iran Khodro (IKCO) has signed a research and development agreement with Islamic Azad University of Mashhad, Khorasan Razavi Province, to use academic potentials for boosting the key...
  • Auto Output Surges by 17%
    Iran’s automotive production increased by 17.16% during the 11 months to Feb. 18, compared with the same period of last year. According to data released by Securities and Exchange Organization on...
  • Auto Sector Facing Tough Times
    Iranian automotive companies are in the red, owing parts makers 430 trillion rials ($1.72 billion), a member of Iran Auto Parts Makers Association said. Reza Rezaei added that parts manufacturers...
  • 1st Top Ranking for Local Sedan
    Iran’s quality watchdog has given five out of five stars for the first time to a sedan made by a leading domestic automaker Iran Khodro. Iran Standards and Quality Inspection Company’s website has...
  • CBI Throwing Auto Industry Lifeline Worth $612 Million
    The Central Bank of Iran has allocated 150 trillion rials ($612.24 million) in aid packages and loans to the auto sector to help bolster productivity and localization efforts, the CBI chief said....
  • Automotive Parts Localization Technology Center Launched
    Iran has launched a tech center specialized in auto parts production to speed up localization efforts in the automotive industry and thwart the limiting effects of US sanction. Vice Presidential...
  • Auto Output Rises Marginally
    Iran’s automotive production increased by 0.9% during the 10 months to Jan. 19, compared with the same period of last year. According to data released by Securities and Exchange Organization on...

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