German automaker Borgward says it is entering Iran with hope and caution.
Speaking to the Financial Tribune, the company’s senior vice president for global marketing, Tom Anliker said…
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<p>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</p>
Volvo Trucks plans to sell its FH16 heavy-duty truck in Iran that will be imported in collaboration with SAIPA Diesel company.
SAIPA Diesel deputy marketing manager Ahmad Heidari says, “…
Auto parts imports jumped 83% year-on-year during the first eight months of the current fiscal that ends in March. Data published on the website of the Islamic Republic of Iran Customs…
General Motors Co. plans to have its self-driving cars ready for a ride-share service within two years as the automaker looks beyond traditional car ownership for new tech-driven sources of…
Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives, according to a person familiar with…
One event where the future role and strong presence of foreign carmakers in Iran was visible in more ways than one was the Tehran International Auto Show that ends on Friday.
After persistent calls and pressure from tire manufacturing companies the Industries Ministry has proposed a new guideline on tire imports including higher tariffs. If ratified, the tariffs will…
Daimler AG has rebuffed an offer from China’s Geely to take a stake of up to 5% via a discounted share placement due to long-held reluctance to see existing shareholdings diluted, people with…
BMW will boost spending on research and development next year, to 6.5-7% of sales, its finance chief, Nicolas Peter, told the German daily Handelsblatt.
SAIPA’s recently appointed CEO has put off the presales of the Quick model “due to some quality concerns”. After visiting Quick’s production lines, Qasem Jahroudi, who replaced Mehdi Jamali last…
What could best be described as a chaotic market, the prices of imported cars in Iran have been rising almost on a daily basis and in some cases by up to 280 million rials ($7,000) increase.
Royal Dutch Shell Plc is linking up with some of the world’s biggest carmakers to expand its electric-vehicle charging business in Europe as it prepares for life beyond oil.
The German car industry risks running short of key raw materials for automotive batteries, hampering a planned boost in the production of electric vehicles, Germany’s largest industry…
Uber has inked a deal with Volvo that will see the automaker manufacture up to 24,000 XC90 sport utility vehicles that will be equipped with Uber’s self-driving sensor and software package.
SAIPA officially unveiled Citroen C3 in a ceremony held in Tehran on Sunday. The vehicle will be the first model to be produced in the framework of the SAIPA-Citroen joint venture.
Nissan Motor Co, an early mover in the electric vehicle market, will use the Los Angeles auto show next week to send a message about gasoline-fueled engines: They are not dead yet.
With one eye on accelerating demand for electric vehicles, BMW AG said it is talking to suppliers of cobalt and other battery materials amid fears that stocks will run short and push already…
One of the dire situations the domestic auto industry is facing is the noticeable and increasing presence of low-quality Chinese cars in the market. Industry insiders are of the opinion that the…
The second round of Tehran International Auto Show will open on Nov. 27. The five-day event will be held at the new Shahr Aftab (Sun City) exhibition center in south Tehran. Large numbers of…
Local company Arman Motor Kavir is set to unveil two imported Luxgen cars in Tehran on Friday.
Arman Motor signed a representation deal with Taiwanese automaker Luxgen Motor Co. in July…
In order to “protect domestic production”, the Industries Ministry has proposed a new guideline on tire imports including higher tariffs.
If approved by the government, tariffs on…
Iran should hasten to catch up with global automotive trends, a senior auto industry strategist at the Industrial Development and Renovation Organization says.
SAIPA board of directors has appointed Qasem Jahroudi as new CEO. He replaces Mehdi Jamali. Jahroudi has been active in the domestic auto industry for almost three decades, and was CEO of Iran…
Head of Iran Industrial Development and Renovation Organization Mansour Moazemi was in Paris over the weekend to renegotiate a deal with Renault.
Volvo is creating a new electric vehicle brand that aims to make a car that will compete directly against the Tesla Model 3.
The first car from the new brand, called Polestar, will be a…
