Iran Khodro Powertrain Company, affiliated to the country’s major automaker Iran Khodro (IKCO), has signed a research and development agreement with Islamic Azad University to use academic…
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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>
In the last fiscal year (ended March 20, 2019), a total of 955,923 cars and commercial vehicles were produced in Iran, indicating a 37.8% year-on-year decline. Data released by the Industries…
French automotive companies PSA Group and Renault have linked declines in their first-quarter revenues to their forced withdrawal from Iran under threat of US sanctions.
Soaring car prices in Iran have put the brakes on the government’s decades-old taxi renovation policy. Over the past several months and following unprecedented hikes in car prices, the latest…
The number of CNG-hybrid taxis in Iran is estimated at around 304,000 accounting for 95% of total the cabs in the country, head of Iran Taxi Union says. Morteza Zameni told Tasnim news agency…
As per a scheme implemented by the National Iranian Oil Refining and Distribution Company, low-interest loans are being offered to commercial and passenger vehicles using gasoline and diesel to…
The High Council of Insurance, affiliated to the Central Insurance company of Iran, has raised premium rates and the reimbursement ceiling for third-party car insurance by 15% in the current…
With the car market getting out of its Norouz Holiday hiatus, vehicle prices have once again started their rally. Irked by the latest price hikes, the Majlis has gone ballistic against the…
A report released by the Iranian Legal Medicine Organization shows the number of deaths caused by car accidents witnessed a 0.4% year-on-year rise in the 10 months ending Jan. 20.
During…
Iranian auto parts makers racked up losses of more than $791 million during the fiscal that ended in March, secretary of Iran Auto Parts Makers Association said. “Local parts makers accumulated…
During the last fiscal (ended in March), over 1.7 million vehicles approached the technical inspection centers in Tehran, the Tehran Vehicle Technical Inspection Bureau said. The figure…
To help reduce road mishaps and fatality rates, Traffic Police is to install a smart monitoring system called ‘Sepahtan’ on intercity taxis in the current fiscal year (started March 21).
Iran’s automotive output suffered its sharpest year-on-year decline in 2018 since the 21st century. Local companies last year made 1.34 million cars and commercial vehicles -- a 40% YoY decline…
The cheapest to the costliest vehicle in Iran’s chaotic auto market have two key features few if any can miss: high price and low quality. The economy car known to all is SAIPA’s Pride. It…
A daylong rally of vintage cars was held in Tehran and Alborz provinces on Sunday by the Touring and Automobile Club of Iran. It included 120 antique and classic cars, mostly produced by…
Iranian car company SAIPA and its Syrian partner SIVECO are to produce the Chinese-derived sedan Brilliance H330 in Damascus, Aleppo, Lattakia, Homs and Hama. A SAIPA production unit opened in…
A vintage car show will be held at Pars Stadium in the southern city of Shiraz, Fars Province, on Friday and more than 200 vintage cars from across the country will be on display. Car…
Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts…
To help again rescue the dysfunctional local auto industry, the Central Bank of Iran agreed last month to lend €844 million to the two main companies, Iran Khodro and SAIPA. Now the two…
An estimated 10,000 containers of imported auto parts are stuck in Iranian customs warehouses ostensibly because local automotive companies Iran Khodro and SAIPA are unable or unwilling to get…
Gasoline consumption has reached an unprecedented average of 90 million liters per day and substandard cars are definitely the major contributors to the worsening air pollution and related…
State-owned Bank of Industry and Mine will offer 4 trillion rials ($30.7 million) in loans to 150 car parts makers working with local car company SAIPA.
As car prices keep rising as never before, the two main Iranian auto companies, Iran Khodro and SAIPA, launched what they call are ‘special sales’, selling their cars like hotcakes. Offering a…
After few weeks of relative stability in the chaotic car market, prices have shot up again reaching unprecedented highs leaving the people more perplexed than ever. The cheapest car in the…
In ten months to Jan. 20 auto production in Iran plunged by 35.4% compared to the year earlier. Data published by the Industries Ministry show that during the period 812,979 cars and commercial…
