• A parliamentary meeting to take stock of the auto industry was held on May 20.

    After the public outrage over soaring prices of locally manufactured cars prodded the Iranian Parliament to summon the directors of Iran's largest automotive companies and the deputy minister of industries, during a hearing on Sunday makers and government officials tried to vindicate the latest market developments.
    Car manufacturers and auto part makers defended the soaring prices of vehicles during the session held on Sunday afternoon.
    Iran Khodro and SAIPA, the country's largest carmakers, attributed the spike in auto prices to the fluctuations in the foreign exchange market and the rising inflation rate. Suppliers blamed the increase in the price of raw material, reported IRIB News.
    Lawmakers say forex fluctuations and inflation are two separate issues and the impact of each on the prices needs to be investigated. 


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

  • Renault Talisman
    Renault has released its latest monthly sales report, which indicates that the French automotive giant sold 15,846 cars in Iran in February and accounted for 83% of motor vehicles sold by the firm...
  • Stunning Cars at Geneva Motor Show
    This year’s Geneva Motor Show is arguably the most tech-heavy to date, with the eye-watering performance figures traditionally touted by internal combustion engine supercars replaced by stats from...
  • Peugeot 207i Sedan
    Iran Khodro has launched the presale of the automatic Peugeot 207i sedan.  The presale started via IKCO’s website at 11 a.m. local time on Sunday.  The company has promised to deliver the...
  • Yellow cabs at Tehran’s Mehrabad International Airport
    The days of unchallenged dominance of yellow taxis at Iranian airports are set to end, as ride-hailing companies are now permitted to offer services at airports.  After months of contention over...
  • Geely GC6 Excellent
    Iranian private automaker Bam Khodro unveiled a facelifted version of Geely GC6 on Saturday at Tehran's Olympic Hotel.  The upgraded car is priced at 590 million rials ($12,500). Reza Zorufian,...
  • Toyota Revs Up Engine Development
    Toyota Motor Corp. will introduce a sweeping powertrain portfolio starting this spring, as part of...
  • Depending on vehicle type and engine capacity, a 15-95% import tariff has been levied on vehicles.
    The costs of bringing vehicles into Iran are not limited to the customs tariffs, the Islamic Republic of Iran Customs Administration’s list of cost breakdown showed. During the closing days of...
  • Megane was showcased during Tehran’s International Auto Show in November 2017.
    Negin Khodro, Renault’s official importer, announced that Renault Megane 2018 will make its return to the Iranian market in the next six months. Negin Khodro CEO Jamshid Hosseini said on Saturday...
  • The forex volatility has drawn money away from the auto market.
    While carmakers and auto dealers expected a surge in demand during the closing days of the current Iranian year (ending March 20), the head of Tehran Auto Dealers Association said car sales have...
  • IKCO hopes to expand its presence in Iraq by offering a wider range of products.
    Iran’s largest automaker, Iran Khodro, is set to expand its presence in the Iraqi market by exporting vehicles equipped with automatic transmission. According to IKCO Press, in the first phase,...
  • 110 Optional Parts for Peugeot 2008 Offered in Iran
    Iran Khodro’s Tuning Division is set to offer enhanced versions of the locally manufactured Peugeot 2008. 
  • Landmark German Ruling Allows Ban on Diesel Cars
    German cities are able to ban the most polluting diesel cars after a landmark court ruling, allowing them to decide the extent to which any curbs should be implemented if at all.
  • Li Shufu, Geely’s founder and main owner, revealed on Friday he had bought  a 9.7% stake in Daimler.
    Germany will investigate whether to tighten the rules that govern when an investor needs to disclose a holding in a company after news that China’s Geely purchased a $9 billion stake in Daimler...
  • Iran Khodro Exporting Dena+ to Senegal
    In an attempt to win a place in the international market, Iran Khodro has exported its first shipment of Dena+ cars to Senegal. IKCO’s locally designed LPG hybrid Dena+ sedan is to be used by the...
  • Major ride-hailing services in Iran are Snapp, Tap30 and Carpino.
    Leaving out major players like Snapp, Tap30 and Carpino, there are over two dozen ride-hailing services in Iran with observers saying that the market is reaching saturation point. According to the...
  • Iran Judiciary Claims Gov’t Oblivious to CAJ Order
    While a deputy minister of industries says the government’s latest auto import directive stands, the judiciary’s deputy for crime prevention claimed Monday that the government’s noncompliance with...
  • Trapped by Thousands of Old Clunkers Tehran Traffic Problems Persist
    The workgroup to help reduce Tehran’s air pollution met at the weekend and came up with some unsettling numbers. For instance, it said 2,529 old and dilapidated cars built three decades ago ply the...
  • Geely chief Li Shufu is Daimler’s biggest shareholder.
    Geely Automobile Holdings Ltd’s shares jumped on Monday after its chairman Li Shufu revealed he had built a $9 billion stake in Daimler AG, gaining leverage as he tries to convince the German...
  • Borgward BX7 Goes on Sale in Iran
    Kian Motor Varna has started the sale of crossover Borgward BX7 in Iran. The vehicle is priced at 2,799 billion rials ($62,200). No installment plans are available. According to Kian Motor website...
  • VW to Build Convertible Crossover
    Volkswagen has announced plans to introduce a new convertible model based on its recently revealed T-Roc crossover in 2020.  The company plans to invest over $98 million to build what could...
  • Nissan to Test Self-Driving Taxis
    Nissan Motor Co is taking its first steps to becoming an operator of autonomous vehicle services, hoping to break into a segment set to be dominated by Uber and other technology firms. While...
  • SAIPA Mulling Options to Replace Pride
    Reports from the SAIPA Group show that the second major local carmaker is mulling over alternatives to the production of Pride, the company’s cheapest model which is manufactured in Iran for almost...
  • Customs duty for hybrids has been increased from 5% to 15-65%.
    Two legislators, Asadollah Qarekhani and Vali Maleki, have censured the government’s automotive policies, hammering the Ministry of Industries, Mining and Trade for policies that have disrupted...
  • Pars Khodro Breaks Record in Online Presales
    Pars Khodro presold 7,500 Renault Sandero Stepway within 2.5 hours through its website this week, setting a new record in online auto presales. The company on its website says it had a remarkably...
  • Currently, Renault Sandero is produced in Iran by local carmakers.
    Carmaker SAIPA has ultimately transferred ownership of its Bonro production plant in Saveh, 100km southwest of Tehran, to Renault, head of the Industrial Development and Renovation Organization of...