New car sales in Germany rose 13% in May on two extra selling days and strong sales to business fleets.
Registrations were 323,952 units in May month on month, according to data from 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>
Of the 27 leasing companies registered on the Central Bank of Iran's website, five have been cleared for operations in the field, according to a new report by the CBI.
The five confirmed…
The biggest auto group Iran Khodro has reported an increase in its market share by 1.2% year-on-year during the first month of the current fiscal (started March 20).
Spokesperson of Iran’s Tire Producers Association, Mostafa Tanha, said that despite the domestic capacities to meet local tire demand, cheap Chinese competition continues to undermine local…
The CEO of Iran Khodro, the country's biggest car producer, said Tuesday that the first deliveries of the latest version of the Dena sedan model will be made to customers by mid-August.
Iran Khodro has expanded production at its subsidiary plant in the northwestern city of Tabriz. The country’s largest automaker said in a press release that the production rate will increase 33%…
A subsidiary of SAIPA which produces heavy and light vehicles is set to expand its market share via deals with foreign firms and offering state-backed financial incentives to truck drivers.
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Head of the Iranian Automobile Importers Association has called on the government to revise its definition of “luxury cars,” stating that “engine size” is not an appropriate token for classifying…
TAM Co, an auto parts subsidiary of Iran Khodro (IKCO), and Germany’s Siemens signed a memorandum of understanding (MoU) on Sunday to develop joint projects and facilitate future production.…
The fate of 1,910 cars made in the United States under European and East Asian brands remains unclear with the Traffic Police refusing to give the vehicles registration plates due to a previous…
BMW is set to extend production halts in Germany to China and South Africa Monday as the automaker grapples with a shortage of steering parts.
Production at factories in Shenyang, China,…
A Renault Kwid hatchback has been spotted on a highway in Tehran with a temporary license plate, according to eagle-eyed car enthusiasts following the vehicle on May 28, Iranjib.ir reported.
South Korea's Hyundai Motor Group is looking for a stronger presence in Iran's auto market through better services and improving relations with car buyers, says the chief executive of Kerman Motor…
Renault named Fabrice Cambolive as head of the automaker’s operations in Africa, the Middle East (including Iran) and India, replacing Bernard Cambier, who held the post since 2014.
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Electric cars will soon be cheaper to buy than conventional gasoline models, offering immediate savings to drivers, new research shows.
Automakers from Renault to Tesla have long touted the…
Mercedes-Benz's ultra luxurious Maybach brand is back after several years of hiatus following the German carmaker's decision to restart production of the S500 and A600 models in 2015.
The…
Uncorroborated reports circulating on social media about "the possible departure of Peugeot from Iran" due to “pressures imposed by the US government on the French firm,” disrupted Tehran’s…
A local company importing BMW cars has received permits to bring in a new sedan, the BMW 530i, the latest of the luxury brand to enter the country in recent months.
Traffic Police has rewritten the rules for issuing new driving licenses for light motor vehicles, and the directive will be issued to driving schools in the near future.
The new bylaw will…
A court in Venice will hear a class action suit filed in Italy for damages against Volkswagen Group over its diesel-emissions cheating, an Italian consumer group said.
Consumer group…
Chinese automaker Geely Holding has agreed to buy struggling Malaysian manufacturer Proton from DRB-Hicom, beating out rival bidder French PSA Group.
Geely Holding, which controls Geely…
The Fourth Alborz Motor Show is scheduled for July 4-7 in Karaj, west Tehran, according a press release from the organizers.
The exhibition is supported by the Ministry of Industries,…
Volkswagen Group and JAC Motor have received approval from Chinese regulators to form a joint venture for electric vehicles, the two automakers said on Monday.
Production of vehicles that fail to comply with the 83 automotive standards will be halted by the end of 2018, says the director of Iran Standard and Quality Inspection Company (ISQI).
Iran’s largest auto producer Iran Khodro has launched a new version of its Diesel Tunland off-road pickup truck this week with improved technology, according to the IKCO press website.
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