The international community became fully aware of the seriousness of Iran and China about future cooperation, with the announcement this week of bilateral deals worth $600 million between the…
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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>
Iran Khodro, the Middle East's largest and oldest carmaker, and French multinational carmaker, PSA Peugeot Citroen, have signed a preliminary agreement for launching a joint venture to produce…
High-ranking officials from Iranian Diesel Engine Manufacturing Company and Germany's Daimler have reached an agreement on producing three engines in Iran.
As sanctions on the Islamic Republic have been removed by Tokyo, Japanese automotive companies have begun to explore opportunities to tap into the Iranian automotive industry. Japanese…
Contracts with foreign automakers will gradually enter the execution phase in a month, a deputy industries minister has announced.
Mohsen Salehinia also described the latest status of the…
Iranian National Standards Organization is examining the standards used by the European New Car Assessment Program to apply them to vehicles produced locally for improving their quality, said the…
Mirza Sadeq and a dozen of his fellow Iranians are attending a 25-day training course at the headquarters of China’s leading car producer, Chery Automobile, in Wuhu City, Anhui Province.
Audi has been playing with electric e-tron concepts for years, but until now there has appeared little intent to make the endless concepts much more than interesting diversions.
However,…
Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh has outlined four conditions that must be observed by foreign auto companies wishing to set up business in Iran. Firstly, the…
The lifting of international sanctions paves the way for the return of major truck producers to Iran's commercial vehicles market, though some maintained a low-key presence in the market even…
Three of the most prominent trading families in Iran have dispatched requests to Volkswagen in hopes of obtaining legal representations of the German brand while others hope the carmaker would set…
Renault has recalled 15,000 diesel-powered cars to update their emissions filters, France's environment minister said on Tuesday, describing the current filters as inadequate in warm weather.
Kerman will host an auto exhibition on January 26-29, said the organizer of the event. "The expo will be held at Kerman's Permanent Fairgrounds," YJC also quoted Mostafa Hamidian as saying.…
Daimler AG's trucks are returning to Iran after a landmark deal to curb Tehran's nuclear activities led to the lifting of economic sanctions. The German company announced on Monday it had signed…
This week has seen a barrage of news about the possibility of America's General Motors entering the Iranian automotive market in a substantive way with the recent confirmation of licenses for…
Iran's automotive sector raked in over 23 trillion rials ($763 million at official exchange rate) for state coffers over the past 10 years (2005-15).
Iran's state-owned and private automotive firms have begun racing against each other to have a business linkup with German vehicle manufacturer Volkswagen.
Trusted sources have reported…
While many in the local industry have surmised that the Chinese car industry is likely to be the biggest loser when sanctions on Iran end, the Financial Tribune likes to take a longer view of the…
As international car market players gear up to enter the Iranian market, business intelligence agencies have begun to size up the available opportunities.
For developing trade and economic ties in the post-sanctions era, the Ministry of Industries, Mining and Trade has submitted a new proposal for producing electric vehicles to the…
The battle for British residential parking space has become so intense that more than one in 10 drivers (12%) put off making car trips to avoid losing their spot, according to a new study.
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After unveiling the 2017 Porsche 911 Turbo and Turbo S at the Detroit Auto Show this week, 911 program manager, Erhard Mossle, revealed that the automaker plans to introduce a plug-in hybrid…
The auto loans, backed by President Hassan Rouhani’s administration and the Central Bank of Iran, which offered 250 million rials to each buyer of a locally developed car, could return.
American auto manufacturers may enter Iran’s market as long as they meet the “needed criteria”, said a board member of Tehran’s Chamber of Commerce, Industries, Mines and Agriculture. Mohammad…
Iranian automotive suppliers are strongly optimistic of securing joint venture deals with western partners, as decades of pent-up energy are poised to unleash with the lifting of international…
