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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

IKCO’s Incomplete Cars Down 80%
IKCO’s Incomplete Cars Down 80%
August 10, 2022 18:54
  • 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...
  • EV Conversion Cost-Effective
    Experts believe the conversion of domestic gasoline-powered cars to electric vehicle is more economical than producing a new one.  Earlier, the production of electric cars was touted by several...
  • Which Cars Are Likely to Be Imported in Fiscal 2022-23
    After the Majlis Joint Commission’s approval for importing 60,000 vehicles in the fiscal 2022-23 (starting March 21, 2022), media outlets are speculating about the models on the import list. Cars...
  • Domestic Cars Insipid, Substandard
    Some of the cars produced in Iran have witnessed the least change in terms of design and standards for more than 20 years.  “Apart from Tara and Shahin, most of the other domestic cars do not have...
  • ISIRI Mandates for Car Presales
    Fifteen legal mandates have been devised for upgrading the quality and safety of domestic cars and unless automakers abide by them, no presale of vehicles will be allowed, the head of the Institute...
  • Over 540K Luxury Cars Taxable
    A total of 547,692 cars belonging to 272,498 people are liable to pay the luxury tax, the Iranian National Tax Administration announced.  Luxury tax had not been implemented for a long time, but...
  • Kerman Motor to Assemble JAC’s Electric Hatchback
    Kerman Motor Automotive Company, which imports and assembles JAC products in Iran, has published pictures of JAC's new electric car that it plans to assemble in Iran. Kerman Motor has started...
  • Luxury Car Owners Must Pay Tax by February 19
    All luxury car owners are obliged to pay tax by the end of the current fiscal year’s 11th month (Feb. 19), the Iranian National Tax Administration announced.  People who themselves or their...
  • Import of 50,000 Cars Approved
    The Majlis Budget Integration Commission has approved the import of 50,000 passenger cars and 10,000 heavy mining and road construction machinery in the next fiscal year (starting March 21, 2022...
  • Inflated Foreign Car Prices: When Will the Bubble Burst?
    The prices of foreign vehicles have soared astronomically in the past few years along with the rising foreign exchange rate of the US dollar in the domestic market.  However, in view of the...
  • No Good Quality Vehicles Were Produced in Last Eight Years
    In the last eight years, no good quality vehicles have been produced, the head of the Institute of Standards and Industrial Research of Iran announced. Mehdi Eslampanah added that nine standards...
  • Gov’t Policy Changes to Further Raise Car Prices
    The 10-15% increase in total costs due to the removal of subsidized currency will have a direct impact on the prices of automobiles and related parts, a faculty member of Iran University of Science...
  • Tara EV Set for March Launch
    The industrial model of Tara electric vehicle will be unveiled by the end of the current fiscal year (March 20, 2022), the CEO of knowledge-based company Jetco announced.  Davoud Khosravi, however...
  • Car Quality-Liquidity Link Examined
    An automotive official said quality should not determine the price of a vehicle, as it puts pressure on component makers, raw material producers and workforce due to the lack of favorable...
  • Component Makers Grappling With Liquidity Challenges
    Iranian component manufacturers have faced many problems over the last two years, due to restrictions imposed by sanctions and the coronavirus pandemic.  However, despite these conditions,...
  • ISQI’s Monthly Evaluation Reveals High-End Trucks, One-Star Pickups
    Vehicle production in the country has improved both qualitatively and quantitatively in the current Iranian year’s eighth month (Oct. 23-Nov. 21) compared with the corresponding period of last year...
  • Iran Rolls Out 1st Electric Bus
    The production line of the first electric bus, which uses 70% of domestic components and is totally designed and produced by Iranian experts, has come on stream.  The bus, produced by Shetab...
  • Will Car Lotteries End?
    Industries, Mining and Trade Minister Reza Fatemi-Amin has announced that car lotteries will be ended in the next Iranian year (starting March 21). “The demand for cars in the country is 1.5...
  • Parts Shortage Hampers Auto Sales
    A total of 69,949 vehicles were produced by the two main domestic automakers SAIPA and Iran Khodro Company (IKCO) in the current fiscal year’s eighth month (Oct. 23-Nov. 21), but only 58,872...

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