Iran’s President Hassan Rouhani announced that national automakers, Iran Khodro and SAIPA, should be “completely privatized and [become] competitive”.
President Rouhani made the statement…
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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’s largest auto manufacturer, Iran Khodro Company, will negotiate a business agreement with Datsun, an automobile brand owned by Japan’s Nissan.
According to IKCO’s CEO Hashem Yekezare…
The Renault-Nissan alliance expects to generate €5.5 billion ($6 billion) of synergies in 2018 by integrating more divisions and sharing resources better within the partnership, the alliance said…
Western European car sales rose 14% to 1,007,994 in February, according to industry data provided by LMC Automotive.
“Italy was the main driver this month, well supported by double-digit…
Hoping to expand into new markets, Guangzhou Automotive Group Company has announced intentions to move into the Iranian and Russian markets.
Hashem Yekezare, chief executive officer of Iran Khodro, has talked about the importance of investment in the car industry.
Speaking on the sidelines of Iran's annual auto show in the…
In a new development phase, Renault has a special program to train Iranian auto parts makers and partner them in future Renault-Nissan group projects.
According to a company press release,…
Rolls-Royce said on Wednesday it had appointed Bradley Singer, a partner from its largest shareholder ValueAct Capital, as a non-executive director on its board. The company said Singer, who will…
The First Iran Automotive Capabilities Exhibition opened on Sunday with the participation of 212 local automotive firms.
Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh…
Chinese car manufacturers will have to leave Iran, if they fail to increase the share of local content in their production plans for Iran, a deputy minister said.
The contract framework between France’s Renault and Iran’s second largest carmaker SAIPA will soon be finalized, a deputy minister said.
Audi expects its Q7 e-tron plug-in hybrid to stand out from a fast-growing list of competitors that includes BMW, Mercedes-Benz, Porsche and Volvo because of the investments it has made in the SUV…
Iran Khodro Company, the country's largest and oldest car manufacturer, hosted a 12-person delegation from Italy's Fiat this week in Tehran.
General Motors can envision a day when it restarts vehicle production in Russia, its top European executive said.
The DS E-Tense Concept has been revealed ahead of a debut at the Geneva Motor Show as a 396-bhp electric GT, perhaps pointing the way to DS’s future.
It’s a year since DS became a…
Hyundai, a major player in the local automotive market has taken the wraps off its latest hybrid trio vehicle to be debuted in Geneva later this week.
Previously leaked details of the new…
Arash Motor Company, owned by British-Iranian entrepreneur Arash Farboud, has taken its latest model to the International Geneva Motor Show this week. The car company, previously highlighted…
Sixteen top foreign car manufacturing firms, including Volvo, Scania, Peugeot, Fiat and Kia, will be participating in Iran's First International Automotive Exhibition and the Third Iran…
Rolls-Royce is replacing the $386,000 Phantom limousine, the brand’s first model built under BMW AG’s ownership, after a 13-year run as the maker of ultra-luxury cars switches to building vehicles…
Subaru, which has quietly grown its sales in the US over the last 10 years, is now winning praise for the quality and reliability of its cars and crossover utility vehicles.
The Japanese…
PSA Peugeot Citroen will set new growth goals after cost-cutting and recovering demand in Europe helped the French automaker beat targets set two years ago following a bailout.
Automotive…
It looks like we finally know what the 2013 BMW Pininfarina Gran Lusso Coupe concept was all about.
Autocar reports that BMW will resurrect the 8 series, dormant since 1999, in four years…
The Iranian Auto Parts Manufacturers Association and Germany’s Bavarian Industry Association signed a memorandum of understanding to cooperate in the production of automotive parts, a member of…
Daimler AG, seeking to regain its position as one of the leading truck makers in Iran after a six-year absence, is bracing for a fight in the reopened market with now-entrenched Chinese…
An Iranian born, British-based car company owner has wowed the UK's motoring press with his latest beast.
Supercar marque Arash and its determined founder Arash Farboud has exceeded…
