In line with efforts to deepen the localization of auto parts production, 175 projects have been launched by Iran’s major carmaker Iran Khodro (IKCO), the company’s CEO said. Farshad Moqimi…
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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 automotive output increased by 9.4% during the first three months of the current Iranian year (March 20-June 20) compared to the year-ago period.
The Central Bank of Iran, along with several local banks and government, is set to roll out an aid package worth $2 billion to boost the country’s automotive industry, secretary of Iran Auto…
Iran’s automotive output declined by 14.6% during the month ending May 20 compared to a year earlier. According to a report published by Iran’s Securities and Exchange Organization on Codal.ir…
Automakers Iran Khodro (IKCO) and SAIPA are expected to end the production of two low-quality cars, Peugeot 405 and Pride, which have been made in Iran for decades. “IKCO’s Peugeot 405 and…
A nationwide scheme has been launched to convert 1.46 million gasoline-powered public transport and commercial vehicles to compressed natural gas hybrids.
Iran’s major automaker Iran Khodro (IKCO) is starting cooperation with the Electronics Support Fund for Research and Development to upgrade its production facilities. Affiliated to the…
Iran’s automotive output declined by 32.5% during the month ending on April 17 compared to a year earlier. According to a report published by Iran’s Securities and Exchange Organization on…
Iranian automakers will miss output goals they had set for the current fiscal year (started March 20), amid the coronavirus pandemic and US sanctions, a member of Tehran’s Chamber of Commerce…
In the last fiscal year that ended in March, 863,263 passenger vehicles were produced in Iran, indicating a 9.6% year-on-year decline. According to a report published by Iran’s Securities and…
With the domestic development and production of 70 key auto parts since July 2019, Iran’s automotive industry has curbed capital flight amounting to €127 million, said a deputy industries…
Truth be told, most big companies, banks, state and government organizations are prone to corruption, mismanagement, larceny, fraud and waste. But a time comes when some no-nonsense folks…
Iran’s automotive output increased by 4% during the 10 months ending Feb. 19 compared to a year earlier. According to data published by the Persian economic daily Donya-e-Eqtesad, Iran produced…
Marred with mismanagement amid an economic crisis, Iran’s auto industry is saddled with a massive debt, the head of a local guild of auto parts makers said. Arash Mohebbinejad also told IRNA, “…
Iranian auto parts manufacturer SAPCO has signed multiple agreements with domestic knowledge-based companies, as part of efforts for curbing reliance on foreign resources.
A nationwide scheme has been launched to convert 1.5 million gasoline-powered public transport vehicles to compressed natural gas hybrids.
Major Iranian automaker SAIPA forged an agreement with MAPNA Group this week to develop and commercialize electric vehicles in the hope of reducing fossil fuel consumption and curbing air…
Pars Khodro, a subsidiary of SAIPA car company, has restarted producing Renault cars, the company said in a statement. Last March Pars Khodro stopped producing Renault vehicles because the “new…
Demand for auto fuel system conversions to LPG and CNG hybrids has been growing in Iran ever since November 2019, when the government rationed and tripled the price of fuel overnight. Not…
The long-running debate over halting the production of Pride, a poor-quality small city car produced by Iranian automaker SAIPA, has reportedly been concluded with a clear and close deadline.…
Iran’s automotive output fell by 24.8% during the ninth months ending Dec. 21 compared to a year earlier. According to data published by Fars News Agency, Iran produced 572,965 vehicles of…
Iran's Defense Ministry has signed a deal with local car manufacturing company SAIPA to curb the auto sector's reliance on foreign parts.
Despite the Iranian government’s promise to halt the production of substandard cars in a few months, recent moves indicate local carmakers are moving in the opposite direction.
Iran’s automotive output fell by 32.3% during the eight months ending Nov. 21 compared to a year earlier. According to data announced by the Persian economic daily Donya-e-Eqtesad, Iran…
Carmaker Iran Khodro (IKCO) has launched nine localization projects to curb the company’s capital flight by at least €17.5 million annually. The firm’s CEO Farshad Moqimi has been quoted as…
