Through a joint venture with Iranian carmaker SAIPA, French automotive giant Citroen presold 2,000 units of its small city hatchback C3 in its initial offering in the country on May 16.
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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>
The auto industry faces scrutiny on multiple fronts as car prices spike in Iran, with the bullish market observing a 10% price increase only in recent weeks.
The industry seems to be…
As a means to cover the costs of the country’s road expansion program and the debts so far incurred by the government over the project, an average 20% hike in freeway tolling was announced by…
Deputy director of SAIPA-Citroen joint venture Yann Martin says the French automotive company is committed to Iran business. According to him, in the face of the belligerent US President Donald…
In a gathering to report MTN-Irancell’s activities and projects, ride-hailing company Snapp, supported by the mobile operator, announced statistics regarding the service’s fortunes.
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China’s biggest ride-sharing company, Didi Chuxing, will disable features such as profile pictures, ratings and public tags from its carpooling service, as it looks to win back trust following…
Iranian carmaker SAIPA and its French partner PSA’s Citroen brand announced an upcoming presale of the Citroen C3 in Iran few days after the hawkish President Donald Trump pulled the United…
Iran largest automaker Iran Khodro has launched an application to ease the shareholders’ work in observing their stocks and the latest changes in their value. Investors can use the app to…
Tehran citizens are forced to squander 20 million hours a day in the overcrowded, traffic-clogged metropolis.
According to Mohammad Darvish, a prominent member of the Iranian Research…
With an investment of 1.2 trillion rials ($28.5 million), Iran’s first die-casting mold factory has started operations in the northwestern city of Tabriz. The project aims to cater to the needs…
Iranian automaker and local partner of Hyundai Motor is set to unveil the South Korean firm's small SUV Kona by late June.
According to Kerman Motor's marketing manager, the Kona will be…
During the ceremony to deliver the first series of the Haval H2 to customers, Bahman Motor CEO Hamid Davoudzadeh announced that Haval H6 will arrive in the market in October.
CEOs or senior executives from ten American and foreign automakers met with President Donald Trump on Friday for about an hour at the White House as the Transportation Department considers…
Iran’s minister of industries maintains that prior to triggering public offering of managing shares of Iran Khodro and SAIPA, the number of active automotive firms in the country needs to be…
French carmaker and owner of Peugeot brand PSA Group said on Wednesday that it hoped the European Union would adopt a common position on Iran, following US President Donald Trump’s decision to…
The world’s biggest carmaker may have a new diesel emissions scandal on its hands.
German officials are investigating Audi—owned by the Volkswagen Group—on suspicion that it installed…
Uber has unveiled its “flying car” concept aircraft at its second annual Uber Elevate Summit, which showcases prototypes for its fleet of airborne taxis. The flying cars, which the company hopes…
While Iranian carmakers have constantly been under fire for low quality of their products and inadequate safety standards, reports by Iran Standard and Quality Inspection Company indicate a…
During a public event, President Hassan Rouhani on Monday morning officially inaugurated a major subway line intersection in the holy city of Mashhad.
Ford Motor Co. wants to convert an infamous symbol of Detroit’s long, sad decline—a rotting train station that towers over the city’s oldest neighborhood—into a beacon for the automaker’s…
In an effort to mitigate air pollution in the capital, several organizations have mobilized resources to launch a renovation scheme directed at renewing Tehran’s taxi van fleet.
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The United States has filed criminal charges against former Volkswagen AG boss Martin Winterkorn, accusing him of conspiring to cover up the German automaker’s diesel emissions cheating, in a…
Days after the Tesla boss shocked Wall Street by completely dismissing critical questions from two analysts as “boring”, Elon Musk said on Friday it was “foolish of me” to ignore the queries.
Iran’s auto parts import bill for the first month of the current fiscal which started on March 21 has come in with the total value of the goods standing at $192 million.
Iran’s second largest auto manufacturer SAIPA hiked the prices for its products, some by as much as 9.4%, according to leaked data vaguely affirmed by officials.
