• Another Car Price  Hike in the Offing

    Market observers are anticipating a new round of car price jumps in the coming days as the auto market adjusts to the most recent increase in the USD rate against the rial currency.
    The USD rate in the free market stood at 144,000 rials on Saturday morning, up 3.94 % from 138,530 last Saturday, sparking speculations that cars will also see another price surge in the following days.
    According to an article published by the Persian economic daily Donya-e-Eqtesad, while the value of imported vehicles that has hit a ceiling is no longer affected by the volatility in the foreign currency market, locally-made cars have not yet settled at a steady rate due to the economic headwinds the country is facing.

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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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    In a gathering to report MTN-Irancell’s activities and projects, ride-hailing company Snapp, supported by the mobile operator, announced statistics regarding the service’s fortunes. During the...
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    Tehran citizens are forced to squander 20 million hours a day in the overcrowded, traffic-clogged metropolis. According to Mohammad Darvish, a prominent member of the Iranian Research Institute of...
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    05/15/2018
    Iran largest automaker Iran Khodro has launched an application to ease the shareholders’ work in observing their stocks and the latest changes in their value. Investors can use the app to receive...
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    Iranian carmaker SAIPA and its French partner PSA’s Citroen brand announced an upcoming presale of the Citroen C3 in Iran few days after the hawkish President Donald Trump pulled the United States...
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    With an investment of 1.2 trillion rials ($28.5 million), Iran’s first die-casting mold factory has started operations in the northwestern city of Tabriz. The project aims to cater to the needs of...
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    Uber has unveiled its “flying car” concept aircraft at its second...
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    05/10/2018
    Iran’s minister of industries maintains that prior to triggering public offering of managing shares of Iran Khodro and SAIPA, the number of active automotive firms in the country needs to be...
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    05/08/2018
    (Brief) During a public event, President Hassan Rouhani on Monday morning officially inaugurated a major subway line intersection in the holy city of Mashhad.
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    05/08/2018
    While Iranian carmakers have constantly been under fire for low quality of their products and inadequate safety standards, reports by Iran Standard and Quality Inspection Company indicate a slight...
  • There are more than 7,000 taxi vans on the verge of falling apart in the capital.
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    In an effort to mitigate air pollution in the capital, several organizations have mobilized resources to launch a renovation scheme directed at renewing Tehran’s taxi van fleet.  There are more...
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    Days after the Tesla boss shocked Wall Street by completely dismissing critical questions from two...
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    The United States has filed criminal charges against former Volkswagen AG boss Martin Winterkorn...
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    05/03/2018
    Iran’s auto parts import bill for the first month of the current fiscal which started on March 21 has come in with the total value of the goods standing at $192 million. According to statistics...

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