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May 04,2019
With car prices hiking north of 30% over the past three weeks in Iran, local media and officialdom have rushed in to lay the blame at the feet of auto dealers and online marketplaces.
Since...
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May 01,2019
Car prices have been soaring on an hourly basis in Iran over the past few days.
Vexed by the raging prices, Iranian parliamentarians have censured local car companies and government officials....
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April 29,2019
A three-day rally of classic cars will be held in Tehran from Wednesday to Friday.
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April 29,2019
Iran Khodro Powertrain Company, affiliated to the country’s major automaker Iran Khodro (IKCO), has signed a research and development agreement with Islamic Azad University to use academic...
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April 29,2019
In the last fiscal year (ended March 20, 2019), a total of 955,923 cars and commercial vehicles were produced in Iran, indicating a 37.8% year-on-year decline.
Data released by the Industries...
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April 27,2019
French automotive companies PSA Group and Renault have linked declines in their first-quarter revenues to their forced withdrawal from Iran under threat of US sanctions.
Data from Iran’s Ministry...
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April 24,2019
Soaring car prices in Iran have put the brakes on the government’s decades-old taxi renovation policy.
Over the past several months and following unprecedented hikes in car prices, the latest and...
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April 22,2019
The number of CNG-hybrid taxis in Iran is estimated at around 304,000 accounting for 95% of total the cabs in the country, head of Iran Taxi Union says.
Morteza Zameni told Tasnim news agency that...
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April 17,2019
As per a scheme implemented by the National Iranian Oil Refining and Distribution Company, low-interest loans are being offered to commercial and passenger vehicles using gasoline and diesel to...
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April 15,2019
With the car market getting out of its Norouz Holiday hiatus, vehicle prices have once again started their rally. Irked by the latest price hikes, the Majlis has gone ballistic against the dented...
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April 15,2019
The High Council of Insurance, affiliated to the Central Insurance company of Iran, has raised premium rates and the reimbursement ceiling for third-party car insurance by 15% in the current...
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April 10,2019
Iranian auto parts makers racked up losses of more than $791 million during the fiscal that ended in March, secretary of Iran Auto Parts Makers Association said.
“Local parts makers accumulated...
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April 10,2019
During the last fiscal (ended in March), over 1.7 million vehicles approached the technical inspection centers in Tehran, the Tehran Vehicle Technical Inspection Bureau said.
The figure is almost...
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April 08,2019
To help reduce road mishaps and fatality rates, Traffic Police is to install a smart monitoring system called ‘Sepahtan’ on intercity taxis in the current fiscal year (started March 21).
Sepahtan...
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April 08,2019
Iran’s automotive output suffered its sharpest year-on-year decline in 2018 since the 21st century.
Local companies last year made 1.34 million cars and commercial vehicles -- a 40% YoY decline,...
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March 30,2019
The cheapest to the costliest vehicle in Iran’s chaotic auto market have two key features few if any can miss: high price and low quality.
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March 11,2019
Up until Feb. 19 daily auto production in Iran plummeted to 1,969 units from 4,880 a year ago, showing an unusually 59.6% decline year-on-year.
Industries Ministry data show that in the one month...
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January 26,2019
There are an estimated 11 million dilapidated vehicles in Iran, which should have been sent to the junkyard long back, the Traffic Police deputy for legal affairs said.
Mohammad Tarahhomi says...
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March 18,2019
A daylong rally of vintage cars was held in Tehran and Alborz provinces on Sunday by the Touring and Automobile Club of Iran.
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March 16,2019
Iranian car company SAIPA and its Syrian partner SIVECO are to produce the Chinese-derived sedan Brilliance H330 in Damascus, Aleppo, Lattakia, Homs and Hama.
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March 13,2019
Tehran Bus Company is in talks with Iran's Cultural Heritage, Handicrafts and Tourism Organization to start Tehran sightseeing tours during the two-week Norouz (Persian New Year) holiday season...
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March 13,2019
A vintage car show will be held at Pars Stadium in the southern city of Shiraz, Fars Province, on Friday and more than 200 vintage cars from across the country will be on display.
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February 16,2019
In ten months to Jan. 20 auto production in Iran plunged by 35.4% compared to the year earlier.
Data published by the Industries Ministry show that during the period 812,979 cars and commercial...
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March 09,2019
Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it cannot deliver because the new US sanctions have disrupted the supply of parts....
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March 04,2019
To help again rescue the dysfunctional local auto industry, the Central Bank of Iran agreed last month to lend €844 million to the two main companies, Iran Khodro and SAIPA.
Now the two sides are...