Ford Motor Co’s luxury unit Lincoln plans to produce luxury SUVs in China by late 2019, as it steps up its move into the world’s largest auto market and aims to catch up with German and US rivals…
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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>
Bentley debuted the EXP 12 Speed 6e convertible concept at the auto show. But the most important part of the concept couldn't be seen.
Production lines at Diar Khodro, an independent auto producer, have been shut down over the past two months, local automotive media reports said.
According to Persian Khodro, the company’s…
The domestic auto industry is plagued with a myriad of problems, from inflation to production of high-emission vehicles. But its newest challenge comes from rather unexpected quarters: the Persian…
Volkswagen Group has signed a memorandum of understanding with Tata Motors to explore cooperation in India, sources close to the matter said, as VW takes a fresh attempt at conquering low-cost…
The Geneva Motor Show got underway this week in the luxurious Swiss city where a not very expensive watch can cost you $40,000 and a car the price of your house elsewhere.
Nevertheless most…
Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the US Justice Department in January over the…
The International Organization of Motor Vehicle Manufacturers (OICA) says Iran’s auto industry had the largest growth rate internationally during 2016.
A chart published on the…
India’s Tata Motors showcased a preproduction versions of the Italian-design Racemo two-seat sports car from its new upscale subbrand, TAMO.
The company said sales would begin in India…
The Minister of Industries, Mining, and Trade, Mohammad Reza Nematzadeh, inaugurated an auto parts manufacturing line in Tabriz, East Azarbaijan Province on Tuesday.
Auto parts needed for…
Volkswagen’s Spanish subsidiary Seat is considering officially selling its cars in Iran to broaden its reach beyond the crowded European market, its chief executive said on March 7.
Iran Khodro Diesel (IKD), the manufacturer of IKCO’s commercial vehicles introduced a new minitruck, Persika on Tuesday.
French automaker Renault exported 13,449 cars to Iran in January marking a significant rise in the firm's vehicles in the burgeoning local automotive market.
The new figures indicate a…
Hyundai Motors unveiled an all-new Sonata sedan model in the country’s capital on March 7 according to a local automotive blog website.
The Sonata 2018 builds on the body of the previous…
France’s PSA Group has agreed to buy its major European rival Opel/Vauxhall from General Motors in a deal valuing the German-based business at €2.2 billion ($2.3 billion), both companies confirmed…
More than $2.3 billion worth of vehicles and auto parts were imported in the eleven months of the current fiscal that ends on March 20.
As has been the case for several years, China,…
Germany's Continental, commonly known for its quality tires, has signed a deal with Iran's Crouse Co. to set up a local auto parts production joint venture.
The two companies will produce…
The Ministry of Industries, Mining and Trade has released data on carmakers’ output during 11 months of the current fiscal that ends in March.
The largest company, Iran Khodro,…
Negin Khodro, the official dealership of imported Renault vehicles in Iran, released the final price of its new model of a luxury SUV. The price tag for the latest Koleos is 1.995 billion rials (€…
SAIPA unveiled a new small hatchback car called the ‘Quick’ on March 6 in Tehran. Several high profile officials were present at the unveiling event including Ali Larijani, Majlis Speaker and Head…
Recently revived German luxury mark Borgward is planning to enter the Iranian market in the next fiscal year starting in March after the sales of vehicles in the Chinese mainland in 2016.
Electric cars developed at a knowledge-based firm affiliated to the Islamic Azad University, Qazvin Branch, will soon hit the roads according to the university dean.
Morteza Moosakhani,…
Russia’s UAZ auto company, which announced its entry into the Iranian market during the Tehran Auto Show in February, is to begin production in Iran in 2018, according to a company representative…
Mammut Khodro, an Iranian automotive firm, has received the first delivery of Volkswagen cars the company intends to import. The shipment consisted of several completely built units of Volkswagen…
Auto and parts exports during the first 11 months of the current fiscal year (ends March 20) fell 36% compared to same period last year. According to data released by the Islamic Republic of…
