Iran’s largest auto manufacturer, Iran Khodro Company, has partnered up with MAHLE GmbH, one of the largest automotive suppliers worldwide, to design and manufacture a turbo straight-three engine…
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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>
After SAIPA and PSA Group signed a historic deal recently, it was confirmed that Citroen C4 will be the first product to be offered in Iran’s auto market.
The deal, which was unveiled on…
New cars produced on Iranian platforms are expected to enter the market by March 20, 2018, the minister of industries, mining and trade said.
Mohammad Reza Nematzadeh added that Iranian…
The German state of Bavaria said it will sue Volkswagen Group for damages caused by the emissions-test cheating scandal, the first regional government in VW’s home country to take legal action…
To improve the quality of public transportation in the capital, 200 new Hyundai Accent taxis compliant with Euro 5 standards were unveiled in Tehran on Tuesday.
Meysam Mozaffar, the head of…
Europe’s first-half vehicle sales grew by a stronger-than-expected 9.1%, a gain that was double even the most optimistic full-year forecast made by analysts at the end of 2015.
Nearly every…
Iran Khodro Automotive Group, also known as IKCO, has released its latest data on the first quarter of the current Iranian year (started March 20), which show that it produced more than 20,000…
Iran’s Ministry of Industries, Mining and Trade has predicted that the annual demand for passenger cars and pickup trucks in Iran will reach 2.3 million units by March 2025. This has been…
The car rental market in the Middle East, especially in Oman, Qatar, Bahrain and Kuwait, will continue to grow at a considerable rate in the coming years.
The market for car rental has been…
Skoda CEO Bernhard Maier said Iran, along with Singapore and South Korea, are target markets for his Czech built vehicles.
Skoda has recently been expanding its range of vehicles in several…
Renault-Nissan alliance chairman and CEO, Carlos Ghosn, confirmed that the alliance will invest $800 million in Argentina through 2018.
The Iranian government has targeted an automotive localization rate of 80%, following several overseas evaluations of the quality of domestic components, reliable sources close to car producer…
Iran is a market with great growth potential, therefore Skoda Auto intends to enter the market, the company’s spokesperson said. Tomas Kubik made the confirmatory remark when Financial Tribune…
Man AvtoUZ, a German-Uzbek joint venture, will begin the production of 3,000 new lorry cabs under the MAN brand in early September for the Central Asian country and other regional states.
…
French automaker PSA Group shrugged off a drop in Chinese sales and an aging lineup to deliver a record first-half profit, as Chief Executive Carlos Tavares made progress on his turnaround plan…
Global warming endangers our health, threatens basic human needs and jeopardizes national security.
According to a recent report published by the Persian magazine Tejarat-e Farda, Tehran…
Iran Khodro Company’s CEO Hashem Yekezare said Peugeot 2008 would enter Iran’s market in March 2017 as IKCO’s first joint product with Peugeot.
According to Yekezare, the two sides are…
Carmaker Skoda Auto plans to market its products in Iran, as Volkswagen’s low-cost subsidiary believes the domestic market has high growth potential. Tomas Kubik, the spokesperson for Skoda…
Apple’s secretive automotive project, named “Project Titan”, has taken a major step forward with the naming of long-time executive Bob Mansfield as project leader.
After stepping down from…
Trading of Iran Khodro Group’s shares has resumed at Tehran Stock Exchange, managing director of IKCO said.
Hashem Yekezare’s announcement follows the recent joint venture between Iran…
A new report by Hungary’s CE Auto has highlighted production figures of all Iranian automakers by combining the last quarter of the previous Iranian year with the first quarter of the current…
Audi aims to have three electric models by 2020, which should account for 25 to 30% of its sales by 2025, CEO Rupert Stadler told a German newspaper.
Under the plan, which Stadler presented…
An internal review ordered in mid-2015 by top Fiat Chrysler executives uncovered thousands of vehicle sales reported by FCA brands for which there were no actual buyers, according to two company…
The latest DS6 model was officially launched in Tehran on Sunday. Arian Motor Taban, the legal representative of France’s DS cars in Iran, had organized the inaugural ceremony. Company…
A case of history repeating itself, or is it deja vu?
A historic deal signed between Iran’s second largest auto company, SAIPA, and PSA Group marks a new round of development in Iran’s…
