The final price of Peugeot 2008 still remains vague as Deputy Minister of Industries, Mining and Trade Mohsen Salehinia dismissed speculations, saying no final price has been “officially”…
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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 Khodro Group, the largest automaker in the country, says it registered 8% growth y/y in the first quarter of the current fiscal year (March 21- June 21).
A report by the company stated…
Last winter authorities in Tehran in an unexpected move put an end to gray imports of vehicles depriving the sector of almost half the resources and channels used for auto imports.
Gray…
Urmia, the largest city in West Azarbaijan Province, is set to host an exhibition of vehicles and auto parts from July 4-7, said the manager of expos in the city, Alireza Ajezi.
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Volkswagen has announced it will cooperate with American chipmaker Nvidia on new deep learning technology that may be used inside the carmaker’s future vehicles. “Artificial intelligence is the…
Iran’s Ministry of Industries, Mining and Trade has said it expects local carmakers to boost exports tenfold during the current fiscal that started in March. The second edition of the ministry’s…
The head of Iran Auto Importers Association, Farhad Ehteshamzad, is of the opinion that cumbersome regulations related to the auto import sector are unwarranted leaning on imprudence, and…
Iran Khodro Company, the largest automaker in Iran, has started the presale of its new Peugeot 2008 crossover without announcing the final price.
IKCO is now taking 600 million rials ($16,…
Peugeot has released images of its soon-to-be introduced pickup truck it intends to sell in Sub Saharan Africa market.
Sub Sahara Africa is a becoming a hot market for rough-and-ready…
Farshid Babakhani, the project manager of air pollution control in Tehran Municipality, says the carmaker SAIPA is to import a number of electric motorcycles on the municipality’s order, and is…
Kia has unveiled the all-new Stonic mini-crossover as the brand aims to rival Nissan and other SUVs as more manufacturers jump onto the bandwagon of mini-crossovers.
The Stonic – a new…
Volvo will challenge Tesla Motors and BMW’s i sub-brand by turning its Polestar unit into a global stand-alone brand for high-performance electrified models.
“With Polestar, we are able to…
An Armenian licensed Cadillac Limousine was spotted by Financial Tribune in central Tehran, in a rare sign of American cars making a comeback. Cadillac used to be produced in Iran before the 1979…
Pars Khodro, a subsidiary of the second biggest domestic auto producer SAIPA, started the Ramadan feast sale of its latest Chinese-derived Brilliance models on Wednesday.
Two models from…
Irtoya, an unofficial dealership of Japan’s Toyota in Iran, has started presale of the recently launched Lexus crossover model without announcing the final price.
The dealership launched…
Sapra Motor, a newly launched auto dealership, has announced that it will be the distributer of models of German-based Opel in Iran.
France’s PSA Group agreed to buy Opel from General…
Britain’s biggest automaker, Jaguar Land Rover, is drawing up plans to hire an extra 5,000 engineers and technical staff in the next year, Reuters reported citing the Sunday Telegraph.
The…
Ramak Khodro, the official retailer of South Korean SsangYong Motor in Iran, has announced the presale of the latest version of Korando mini-SUV, saying it would start soon.
According to…
Iran Khodro CEO Hashem Yekezare says three new vehicles produced by the firm will be available in the market in the next few days.
The presale of the new models, namely Peugeot 2008, Tondar…
Two local firms both claiming to represent Volvo cars in Iran, are lobbying with the Ministry of Industries, Mining and Trade for monopoly of the brand.
The development comes after auto…
Negin Khodro, the official importer of Renault cars in Iran, has announced it will replace its Fluence sedan model with the latest version of the Megane in the coming months.
SAIPA, the second biggest carmaker, has announced that it will offer loans for its own-manufactured Kia Cerato to boost sales. The company says buyers will be able to pay for the car in 12, 24, 36…
Industrial Development and Renovation Organization of Iran (IDRO) has released new guidelines on collaboration for private firms active in the automotive sector.
It requires carmakers to…
The joint venture between France's Peugeot and Iran Khodro, IKAP, has announced that the presale of Peugeot 508 will commence in the next few weeks, but failed to give a price.
The car will…
Pars Khodro, a subsidiary of the second biggest domestic auto producer SAIPA, is set to deliver a new Chinese-derived Brilliance C3 SUV in August, according to local automotive websites.
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