The new auto loan scheme introduced by the government has met with an enthusiastic public response, the Ministry of Industries, Mining and Trade’s public relations office said in a public…
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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>
New-car sales in Russia fell 39% in October, increasing the pace of decline during the country’s economic slump.
Sales dropped to 129,958 last month after a 29% drop in September, the…
The French state is close to reducing its stake in Renault back to 15% and wants the governance structure in its alliance with Nissan to remain unchanged, France’s Economy Minister Emmanuel Macron…
Iran’s Customs Administration has released figures for the first seven months of the Iranian year (started March 21) and reported that 23,786 vehicles worth $576,444,344 have been imported.…
A list of 21 vehicles, for which buyers will receive auto loans, has been released.
The auto loan ceiling has been set at 250 million rials ($7120 at market exchange rate) with an interest…
Volkswagen managers are worried about traveling to the US, a German newspaper reported, saying US investigators have confiscated the passport of an employee who is there on a visit.
The Central Bank of Iran and the Ministry of Industries, Mines and Trade announced that starting next week, they will offer loans to both auto buyers and manufacturers. The announcement indicates…
As the day when sanctions over Iran’s nuclear program are removed appears ever closer, the domestic auto industry is struggling to boost demand.
This is while Iranian car buyers are holding…
Renault’s advisory board said on Friday it wants to strengthen its alliance with Nissan after the Japanese carmaker voiced concern over the French government increasing its voting rights in the…
Fiat-Chrysler Automobiles’ US unit said third-quarter earnings tumbled 89%, as recall costs eroded profit from booming Jeep sales.
Net income declined to $70 million from $611 million a…
Nissan is celebrating five years of the Juke crossover with something other than a bottle of bubbly and birthday cake.
Instead, the Japanese manufacturer decided to adopt the homegrown…
Jaguar Land Rover has reported its best ever sales in October, with a total of 41,553 cars sold in the month, an increase of 24% on October 2014.
Vehicle production in Iran has declined by 12.2% in the first seven months of the Iranian fiscal year (ended October 22) compared with the same period of last year.
A total of 284,472…
The prospect of American cars returning to Iranian streets has got many hot under the collar, both negatively and positively. However, a new statement by an official at the standards agency has…
Daimler is looking to revive assembly and manufacturing operations in Iran, as it continues to hold discussions with its former local partners in hopes that sales opportunities there could help…
Once terrorists groups are pushed out of Syria's key regions, Iran Khodro Company will resume production in the embattled region, the deputy CEO for exports at Iran's largest vehicle manufacturing…
Iran Khodro Diesel Company will soon be presenting a new truck with a capacity of 6 tons named Arena, said the company's CEO.
"Quality tests are currently being conducted on the…
Peugeot has officially agreed to Iran Khodro Company’s conditions for resuming mutual cooperation, Hashem Yekezare announced on Sunday.
Local auto company Azim Khodro has announced that it has begun leasing imported cars. The company has said customers will be able to pay for their 2016 model of choice in 6-12-month installments…
Iran’s carmakers have announced repeatedly in recent weeks that car buyers have fallen out of love with their offerings.
They have struggled to drum up excitement for even new joint…
Bahman Motor Group has reported that its first shipment of the new ISUZU pickup trucks have arrived after being released from customs.
Mohammad Reza Soroush, the head of Bahman Group, said…
Iran’s main car manufacturer is set to raise its production level in Iraq by producing 3,000 vehicles per month.
Iran Khodro Industrial Group made the decision after its products received a…
Tehran will be hosting the 10th International Auto Parts Fair in November.
Some 840 national and international automotive firms are expected to attend the event that will be held on…
Local automotive firm Modiran Vehicle Manufacturing Company has announced the prices for the Chinese luxury car Chery Tiggo 5. According to local automotive news website Persian Khodro, the…
The recent news of the official release of BMW’s 2 Series official launch into the Iranian market is now backed up with a full price list, according to the local auto media. Asre Khodro reports…
