• Cashless Payment for Tehran Taxis

    The routine squabbles between angry drivers asking for change and passengers who find their billfolds empty of coins might become a thing of the past by the year end.
    To remedy one of the main grievances of Tehran’s residents, cabs will be linked to the necessary software for the e-payment of taxi fares before the end of the current Iranian year in March 2019, reported IBENA.
    CEO of Tehran Taxi Organization Alireza Qanadan says they are to tap into the potential of the private sector to establish an e-payment system for passengers taking taxis.
    Qanadan added, “After holding extensive talks with Tehran City Council, we have decided to enlist the help of the private sector to organize the micropayments in taxis.”

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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

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    Volkswagen is reviewing whether to seek damages from former director Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member...
  • Carpooling is gaining traction with Iranian users.
    06/21/2018
    With a green agenda in mind, several Iranian startups have started offering carpooling services, among which a Tehran-based team "Hampasho" has managed to gain over 10,000 active users so far....
  • Two-Month Auto Parts Import Bill: $468m
    06/21/2018
    Iran’s auto parts import bill for the first two months of the current fiscal which started on March 21 has come in with the total value of the goods standing at $468.7 million. According to...
  • Audi Names New Leader After CEO Arrested
    06/21/2018
    Audi has tapped its top sales executive to lead the company temporarily after the CEO was arrested.
  • Hyundai Elantra
    06/21/2018
    After local media reported that the South Korean carmaker Hyundai has suspended its collaborations with its Iranian partner Kerman Motor, customers who have placed preorders for Hyundai cars...
  • Grab Clinches Deal With HSBC
    06/19/2018
    Ride-hailing startup Grab has secured a $370 million five-year asset-backed syndicated facility from...
  • Audi CEO Arrested Over Diesel Scandal
    06/19/2018
    Audi CEO Rupert Stadler was arrested in Munich on Monday in connection with the diesel-cheating...  
  • Auto Sector’s Facts and Figures
    06/19/2018
    During to the first two months of the current Iranian year ending on May 21, with 226,584 cars and duty vehicles rolling out of factories, the key automotive sector recorded a 31.1% year-on-year...
  • Through the deal, ISQI’s testing facilities are to be upgraded.
    06/17/2018
    Local private auditing firm Iran Standard and Quality Inspection Company has signed a deal with the Barcelona-based engineering firm Applus+ IDIADA. The agreement is to assist the Iranian company...
  • VW Could Face Further Fines
    06/17/2018
    Volkswagen could face additional fines in Munich and Stuttgart on top of the €1 billion ($1.2 billion) it...
  • With 162,079 vehicles sold in Iran last year, Renault registered a 10.8% share of the domestic market.
    06/17/2018
    In the face of mounting pressure from the hawkish US President Donald Trump on international firms to ditch their Iran operations, Renault CEO Carlos Ghosn says the company is committed to...
  • Some 2.5 million carburetor-equipped motorcycles ply Tehran’s almost permanently clogged roads.
    06/14/2018
    Since implementing a ban on the production of carburetor-equipped motorcycles, numerous attempts have been made to kill the mandate; the most recent of which is a formal request signed by two...
  • Snapp Forays Into New Cities
    06/14/2018
    Major Iranian e-hailing company Snapp has made inroads into two new markets as its services have become operational in Bushehr and Hamadan. Customers from Bushehr in the southwest of the country...
  • Quality of SAIPA’s Pride has been augmented.
    06/14/2018
    The quality of several Iran-made budget vehicles, priced under 500 million rials ($11,900), has observed a slight improvement according to the results of a monthly audit released by Iran Standard...
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    06/12/2018
    General Motors and Honda have struck a deal to partner on developing advanced new battery...
  • The Citroen C3
    06/12/2018
    Automakers are putting measures in place to mitigate the impact of the upcoming sanctions imposed by the truculent US President Donald Trump in the wake of his underhand move to pull the country...
  • Kordestan Province to Host Auto Show
    06/12/2018
    Sanandaj, capital of the western province of Kordestan, is set to host the 6th edition of the Specialized Exhibition for Automobiles and Related Industries from August 27 to 30.The event is...
  • VW’s Golf GTI on Sale in Iran
    06/12/2018
    Volkswagen distributor in Iran, Mammut Khodro, has launched the presale of Golf GTI in the country. In addition to the Golf, Mammut has Tiguan and Passat on offer in Iran. According to an official...
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    06/10/2018
    The very first products of a joint venture between Iran Khodro and Azerbaijan's AzEuroCar LLC are set to go on sale in the coming days under the brand name Khazar. President Hassan Rouhani's chief...
  • Rigan Khodro Eyes JMC Pickup for Production in Iran
    06/10/2018
    Rigan Khodro has imported a prototype of Tiger pickup trucks produced by the Chinese Jiangling Motors Corporation, as it is weighing the introduction of the model to the Iranian auto market.   A...
  • Imported Geely Cars Poised for Summer Debut in Iran
    06/10/2018
    Iranian automotive firm Arian Khodro Pars has brought several units of Geely cars into the country to be tested by Institute of Standards and Industrial Research of Iran and the Ministry of...
  • Lawsuit Seeks Tesla Board’s Shakeup
    06/10/2018
    Elon Musk’s multi-billion dollar compensation package should be rescinded and the board of...
  • Electric Bike Production on Track in Iran
    06/10/2018
    Jahanro Industrial Group, a local manufacturer of motorcycles, is set to launch production of an electric motorbike jointly designed with Sharif University's Shahid Rezaei Research Center. As a...
  • Borgward BX7 Hits the Road in Tehran
    06/03/2018
    Local automotive company Kian Motor Varna delivered the first units of presold Borgward BX7 to customers this week in Tehran. Back in 2017, Kian Motor Varna signed an import agreement with the Sino...
  • New Price Rise for Peugeot 2008
    06/03/2018
    Peugeot 2008, the first product of a joint venture between the largest domestic automaker Iran Khodro and the French PSA Group, does not seem capable of finding a way out of price fluctuations....

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