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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
January 13, 2023 15:25
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May 11,2020Iran’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 Ministry... -
May 02,2020Iran’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 Codal....
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April 15,2020Iranian 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 says...
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April 06,2020In 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...
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March 14,2020With 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 minister...
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March 03,2020Truth 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 start...
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February 29,2020Iran’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...
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February 26,2020Marred 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, “...
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February 22,2020Iranian auto parts manufacturer SAPCO has signed multiple agreements with domestic knowledge-based companies, as part of efforts for curbing reliance on foreign resources. Late last week, the...
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February 15,2020A nationwide scheme has been launched to convert 1.5 million gasoline-powered public transport vehicles to compressed natural gas hybrids. Started by the National Iranian Oil Refining and...
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February 08,2020Major 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 pollution...
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January 27,2020Pars 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 US...
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January 18,2020Demand 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...
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January 13,2020The 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. ...
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January 04,2020Iran’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...
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December 21,2019Iran's Defense Ministry has signed a deal with local car manufacturing company SAIPA to curb the auto sector's reliance on foreign parts. Iranian car companies depend on auto parts imports—...
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December 14,2019Despite 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. There had been a...
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December 09,2019Iran’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 produced...
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December 02,2019Carmaker 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 saying...
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November 27,2019Demand for CNG hybrid cars and prices of such vehicles have soared since the Iranian government decided to triple gasoline prices overnight on Nov. 15, a business insider says. Alireza Pourhassani...
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November 25,2019Local carmakers Iran Khodro and SAIPA, are deep in the red owing part makers 230 trillion rials ($1.9 billion) one official with Tehran Chamber of Commerce says. Mohammad Reza Najafimanesh tells...
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November 23,2019Iranian car companies have incurred losses to the tune of 100 trillion rials ($833.2 million) in the first half of the current fiscal year (started March 21), secretary of Iran Vehicle Makers...
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November 20,2019The longstanding debate over halting the production of poor quality cars in Iran has reached a tipping point with a clear deadline in sight, despite automakers bemoaning a lack of substitute for...
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November 20,2019A year after the arrest of then-chairman Carlos Ghosn, Nissan Motor continues searching for a new course while navigating a power struggle with alliance partner Renault—and investors have shown...
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November 18,2019In a push to promote electric motorcycles, Tehran Municipality, jointly with the state-backed Omid Entrepreneurship Fund, will extend cheap loans to e-bike buyers, covering 80% of the vehicle's...
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