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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

  • IKCO’s Customer Satisfaction  Score Improves in FY 2022-23
    Iran Khodro Company (IKCO) has improved its customer satisfaction score in the financial year 2022-23 (ended March 20), according to the company’s deputy for quality control. "The results of the...
  • SAIPA, Bank Sepah Sign Deal to  Help Ease Financial Transactions
    SAIPA Automotive Group and Bank Sepah have agreed to forge cooperation between their respective affiliates, SAIPA Yadak and Omid Investment Management Group. In a joint meeting of the directors of...
  • Call for Tackling Automotive  Spare Parts Production Woes
    Three major problems have reduced the domestic production of automotive spare parts in the current fiscal year (started March 21). Delays in the payment of spare parts manufacturers’ dues, foreign...
  • Imports of Light, Heavy Vehicle Tires Facing Numerous Challenges
    After the government stopped the allocation of foreign currency for tire importers, the domestic market is facing numerous challenges in supplying tires, according to the secretary of the Iran Tire...
  • Commercial Vehicles’ Monthly Production Registers Growth
    The output of four major commercial vehicle producers registered growth in the first month of the current fiscal year (March 21-April 20) compared with the same month of last year. According to...
  • Iranian, Assembled Car Prices Dip
    The prices of Iranian and assembled vehicles in the domestic market have declined, following car imports and an increase in car supply. Their prices registered an 8-15% decrease since the...
  • Participants of Worn-Out Vehicle Replacement Plan Facing Hurdles
    People who sought to replace their worn-out vehicles with new cars through the Worn-Out Car Replacement Plan are facing numerous problems, as the old scheme no longer works and the new program is...
  • Auto Battery, Spare Part Industry in a Quandary
    The car battery market will face supply problems come summer when demand normally increases largely due to problems associated with shortages of raw material and supply chains, the head of the Iran...
  • SAIPA Imports First Car Shipment
    SAIPA Automotive Group has imported its first shipment of cars that will be delivered to customers in the coming weeks. The domestic automaker imported a total of 1,108 cars produced by Changan...
  • Auto Spare Parts Market Unstable
    Domestic spare parts manufacturers are facing production problems, as the supply chain of raw materials has run aground. Spare parts producers have to import some of the vital raw materials since...
  • SAIPA’s Monthly Output Rises 41% 
    SAIPA Automotive Group’s monthly vehicle output registered a significant increase in the first month of the current fiscal year (March 21-April 20), according to the group's deputy for production...
  • SAIPA Unveils New Engine, P90 Car 
    SAIPA has unveiled a new engine called ME16 that will be used in three cars and P90, which is the Iranian version of Renault Sandero. According to SAIPA’s CEO Mohammad Ali Teymouri, the main...
  • Car Price Hike Dampens Demand
    The recent hike in the factory prices of two major Iranian automakers has increased car prices in the market but dampened demand, according to the vice chairman of Tehran Car Dealers Union. “With...
  • MIMT Outlines Strategies to Regulate Automotive Market
    The Ministry of Industries, Mining and Trade has devised strategies for the automotive industry in the new Iranian year (started March 21) to set production records and regulate the market. “The...
  • Increase in Factory Prices of Domestic Cars Averages 29%
    The factory prices of cars produced by major domestic automakers Iran Khodro and SAIPA have increased by 29% on average, according to the CEO of SAIPA Automotive Group. “A price increase for...
  • Slow Pace of Car Imports Criticized
    Despite Iranian officials’ promises of helping realize the import of 200,000 cars per annum, so far only around 5,000 cars have trickled in, most of which are of Chinese origin, an expert said in...
  • More Vehicles Visit Technical Inspection Centers in Norouz
    More vehicles flocked to technical inspection centers during the current Norouz (Iranian New Year) holidays compared with the previous fiscal year, according to the director for executive affairs...
  • Annual Vehicle Output Tops 1.3m
    The production of domestic vehicles (including heavy, commercial and passenger cars) reached 1.348 million in the fiscal 2022-23 (ended March 21), registering a 40% growth compared with the...
  • Commercial Vehicle Market in Fiscal 2022-23 Surveyed
    Iran’s commercial vehicle manufacturers could not utilize their full production capacity, while demand declined in the current fiscal year (ending March 20). Statistics indicate that the Iranian...
  • Auto Parts Market Grappling With Price Hike, Slow Import Clearance
    The domestic auto parts market is grappling with a price hike worsened by the jump in foreign exchange rate against the rial and delays in clearing imported car components in the last days of the...
  • Automotive Recession Explained
    The domestic automotive market is experiencing one of the biggest recessions ever and a car expert lists the reasons behind it as well as the impact of car imports in the closing days of the...
  • 500,000 Cars to Be Sold Via Nat’l Online Portal
    A total of 500,000 domestic cars will be sold through the national online car registration portal, according to the spokesman of the Ministry of Industries, Mining and Trade. “All domestic car...
  • Vehicle Production Exceeds 1 Million After Four Years
    Vehicle production has exceeded 1 million units for the first time in four years, as 1.2 million vehicles were produced from the beginning of the current fiscal year (March 21, 2022), the head of...
  • Gov’t, Majlis Dispute Auto Policy
    The domestic auto industry faces numerous challenges, the most debilitating of which is protracted disagreements between the government and the Majlis (parliament) over key policy decisions. Their...
  • SAIPA Signs Deal to Export 45,000 Vehicles to Russia
    SAIPA has signed a deal to export 45,000 cars worth €450 million to Russia, the head of the Trade Promotion Organization of Iran (TPO) said. Speaking during a ceremony for signing the agreement...

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