Iran Khodro Company (IKCO) has improved its customer satisfaction score in the financial year 2022-23 (ended March 20), according to the company’s deputy for quality control.
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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>
SAIPA Automotive Group and Bank Sepah have agreed to forge cooperation between their respective affiliates, SAIPA Yadak and Omid Investment Management Group. In a joint meeting of the directors…
Three major problems have reduced the domestic production of automotive spare parts in the current fiscal year (started March 21).
After the government stopped the allocation of foreign currency for tire importers, the domestic market is facing numerous challenges in supplying tires, according to the secretary of the Iran…
The output of four major commercial vehicle producers registered growth in the first month of the current fiscal year (March 21-April 20) compared with the same month of last year. According to…
The prices of Iranian and assembled vehicles in the domestic market have declined, following car imports and an increase in car supply. Their prices registered an 8-15% decrease since the…
People who sought to replace their worn-out vehicles with new cars through the Worn-Out Car Replacement Plan are facing numerous problems, as the old scheme no longer works and the new program…
The car battery market will face supply problems come summer when demand normally increases largely due to problems associated with shortages of raw material and supply chains, the head of the…
SAIPA Automotive Group has imported its first shipment of cars that will be delivered to customers in the coming weeks. The domestic automaker imported a total of 1,108 cars produced by Changan…
Domestic spare parts manufacturers are facing production problems, as the supply chain of raw materials has run aground. Spare parts producers have to import some of the vital raw materials…
SAIPA Automotive Group’s monthly vehicle output registered a significant increase in the first month of the current fiscal year (March 21-April 20), according to the group's deputy for…
SAIPA has unveiled a new engine called ME16 that will be used in three cars and P90, which is the Iranian version of Renault Sandero. According to SAIPA’s CEO Mohammad Ali Teymouri, the main…
The recent hike in the factory prices of two major Iranian automakers has increased car prices in the market but dampened demand, according to the vice chairman of Tehran Car Dealers Union.
The Ministry of Industries, Mining and Trade has devised strategies for the automotive industry in the new Iranian year (started March 21) to set production records and regulate the market.
The factory prices of cars produced by major domestic automakers Iran Khodro and SAIPA have increased by 29% on average, according to the CEO of SAIPA Automotive Group. “A price increase for…
Despite Iranian officials’ promises of helping realize the import of 200,000 cars per annum, so far only around 5,000 cars have trickled in, most of which are of Chinese origin, an expert said…
More vehicles flocked to technical inspection centers during the current Norouz (Iranian New Year) holidays compared with the previous fiscal year, according to the director for executive…
The production of domestic vehicles (including heavy, commercial and passenger cars) reached 1.348 million in the fiscal 2022-23 (ended March 21), registering a 40% growth compared with the…
Iran’s commercial vehicle manufacturers could not utilize their full production capacity, while demand declined in the current fiscal year (ending March 20). Statistics indicate that the…
The domestic auto parts market is grappling with a price hike worsened by the jump in foreign exchange rate against the rial and delays in clearing imported car components in the last days of…
The domestic automotive market is experiencing one of the biggest recessions ever and a car expert lists the reasons behind it as well as the impact of car imports in the closing days of the…
A total of 500,000 domestic cars will be sold through the national online car registration portal, according to the spokesman of the Ministry of Industries, Mining and Trade.
Vehicle production has exceeded 1 million units for the first time in four years, as 1.2 million vehicles were produced from the beginning of the current fiscal year (March 21, 2022), the head…
The domestic auto industry faces numerous challenges, the most debilitating of which is protracted disagreements between the government and the Majlis (parliament) over key policy decisions.…
SAIPA has signed a deal to export 45,000 cars worth €450 million to Russia, the head of the Trade Promotion Organization of Iran (TPO) said.
