Auto

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

  • SAIPA Ahead of Production Plan
    SAIPA Automotive Group, in addition to completing the deficient cars, has produced 20,845 vehicles in the first fiscal month (March 21-April 20), according to SAIPA Automotive Group's deputy for...
  • Prerequisites for Increasing Car Production Outlined
    Car production capacity could be increased by 50%, provided prerequisites created by growth in inflation should be put in place in the current fiscal year (started March 21), secretary of the...
  • SAIPA Started Abolition of Car Lotteries With Shahin
    SAIPA Automotive Group has started the sale of Shahin from April 19, without holding a car lottery, in response to high public demand. Accordingly, the delivery time of this car is a maximum of 90...
  • Plans to Meet Car Demand Outlined
    The Ministry of Industries, Mining and Trade plans to meet car demand by placing imports and higher production on its agenda, the head of the ministry’s Automotive Industry Office said. “In the...
  • High Import Tariff Behind Rise in Production Cost, Price of Tires
    One of the reasons behind the high tire production cost is the high tariff levied on imported raw materials, which also impacts tire price, a spokesman for the Iranian Tire Industry Association. “...
  • Counterfeit, Substandard Filters Hold 45% of Domestic Market Share
    Counterfeit and substandard smuggled car components, which continue to blight the domestic market, have serious ramifications for the safety of users and the country’s economy.  One of the most...
  • Spare Parts Quality Assessed
    Smuggled fake spare parts and substandard domestic parts have a negative impact on the Iranian market and the only way to weed them out is by purchasing standardized and original parts from...
  • SAIPA Leads in Car Paint Quality
    SAIPA Automotive Group has always been a leader in the automotive paint sector, as it uses advanced robots, paints and solvents in accordance with the latest technology. SAIPA uses paint layers...
  • Van Production Soars by 354%
    The production of commercial and heavy vehicles increased while other segments registered a decline in the fiscal 2021-22 (ended March 20), such that vans registered the highest growth and buses...
  • 20,000 IKCO Vehicles Handed Over in New Year Holidays
    Iran Khodro Company (IKCO) delivered 100,000 vehicles in the last two months of the fiscal 2021-22 (Jan. 21-March 20), the company’s vice president for marketing and sales said.  Babak Rahmani...
  • 25% of SAIPA’s Output Last Year Produced in Two Months
    SAIPA Industrial Group produced 397,000 cars last year, of which a quarter were manufactured in the last two months of the fiscal 2021-22 (Jan. 21-March 20), according to the group’s CEO.  "In the...
  • Automotive Challenges Decoded
    Solving the challenges of the automotive industry depends on the correct understanding of the prevailing situation, according to a member of the Majlis Industries and Mines Commission. “Currently...
  • Car Lottery Expected to End
    With the rise in vehicle production in the current fiscal year (started March 21), the termination of car lotteries is possible, according to the CEO of Iran Khodro Company (IKCO). Mehdi Khatib...
  • Scrappage of Old Cars Increases
    The number of vehicles scrapped in the fiscal 2021-22 has exceeded 30,000 vehicles and according to an official, the number of cars scrapped in the second half of the current fiscal year (ending...
  • Iran’s 1st Electric Bus Unveiled
    Iran Khodro Diesel’s electric bus named E-Atros was unveiled on March 13. Operating on batteries and without the use of Overhead Catenary System, this fully electric vehicle is based on the...
  • Automotive Import Beneficial
    An official believes that car import is the only solution for streamlining the current unfavorable condition in the automotive market, as he warned about the consequences of prolonging the import...
  • Vehicle Import Tariffs Unchanged
    Vehicle import tariffs will remain unchanged in the next fiscal year (starting March 21), a deputy minister of industries, mining and trade said. “The tariff of vehicles that are to be imported in...
  • Reducing Auto Service Costs
    Problems related to high prices of low quality car components can only be fixed by increasing the quality of parts used in domestic cars, or by after-sales service networks, automotive experts say...
  • Majlis Joint Commission Approves Proposal to Import 70,000 Cars
    The number of imported cars, which has been discussed intermittently by the Majlis Joint Commission as part of the fiscal 2022-23 budget bill, has been ratcheted up to 70,000.  This issue has now...
  • SAIPA Plans to Boost Output Despite Ongoing Challenges
    SAIPA, one of the two major Iranian automakers, plans to increase auto output by 25% in the next fiscal year (starting March 21), despite facing several problems, including its mounting debts to...
  • President Orders Automakers to Enhance Standards, Production
    Following widespread public complaints about the poor quality of domestically-produced cars and the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei’s expression of dissatisfaction in...
  • Iran's First Step for Car Pricing Reformation
    Any successful car pricing reform should narrow the wide gap between a car’s factory and market price.  "It is important to first take actions [and remove this difference], in order to rectify the...
  • No Increase in Tire Prices
    The Organization for Protection of Consumers and Producers has postponed a review of tire prices to the first month of the next fiscal year (starting March 21), according to the head of the Tire...
  • 3 Car Scrappage Plans Approved
    Three car scrappage plans have been approved by the parliament, which will hopefully be implemented, secretary of the Association for Scrappage and Recycling Centers said. “For the past six years...
  • Automakers Seeking Liquidity Boost
    Two major auto manufacturers are negotiating with banks to boost liquidity for increasing their production by 260,000 units in the fourth quarter of the current fiscal year (December 22, 2021-March...

Pages

Financialtribune.com