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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
July 19, 2023 17:47
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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... -
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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November 09,2019Iran’s automotive output fell by 22.4% during the seven months ending Oct. 22 compared to a year earlier. According to data announced by the Persian economic daily Donya-e-Eqtesad, Iran produced...
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November 09,2019With completion of a project to boost output from the Poly-H unit at Shahid Tondgooyan Petrochemical Company, daily production capacity of the unit has increased to 480 tons, the managing director...
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November 04,2019After a long-drawn fracas between importers and government authorities, 1,048 cars are to get customs clearance. According to Financial Tribune’s sister publication Donya-e-Eqtesad, following an...
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October 23,2019Iran Khodro Company (IKCO), the country's biggest car manufacturer, has announced that in the past two months, it has sold over 50,000 cars.
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October 21,2019Iran’s automotive output declined by 34.8% during the first half of the fiscal 2018-19 compared to a year earlier. According to data published by Fars News Agency in the six months to Sept. 22,...
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October 19,2019Iran’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe.
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October 14,2019Over the past week, Tehran hosted an event to connect tech firms with automakers, on the sidelines of which several deals totally worth $162 million were signed. The government-backed Iran...
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October 07,2019Iranian carmaker SAIPA needs to import auto parts worth €1,400 for making each unit of Pride, a €3,150 vehicle that the company has been manufacturing for the past three decades. With a pompous...
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October 07,2019Major Iranian auto parts manufacturers have recently signed a contract worth 12 trillion rials (over $100 million) with 32 local SMEs as part of a push to provide some relief to the country’s auto...
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October 05,2019Azerbaijan's ambassador to Iran met with Tabriz Chamber of Commerce officials and called for expansion of collaborations in the field of automotive industries.
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September 28,2019Talks are underway between Iranian officials and their Turkish counterparts over the establishment of an automotive joint venture, a deputy industries minister said. Hossein Modarres also told...
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September 25,2019Iranian car companies produced 47,317 cars and commercial vehicles during the month ending Aug. 22, indicating a 47.1% decline.
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September 21,2019As traditional foreign partners of Iranian car companies suspend their operations or leave, the local automotive firms are looking north and seeking partnerships with Russian counterparts....
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September 18,2019The choice of cars available to Iranian customers has shrunk over the past year after the US reimposed harsh sanctions against Tehran. Almost all foreign partners of Iranian carmakers pulled out...
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September 14,2019The long-running debate over halting the production of SAIPA’s small car Pride has reignited, after Iran Traffic Police chief said license plates will not be issued for the vehicle as of March 2020...
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September 14,2019Domestic carmaker Iran Khodro is interested in utilizing the potentials of Iranian tech firms and knowledge-based companies to develop electric vehicles.
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