Iran's Auto Output Increases by 16%

Iran’s automotive output increased by 16.3% during the eight months to Nov. 20 compared with the year-ago period.
According to data released by Securities and Exchange Organization on Codal.ir, Iran’s major automakers, namely Iran Khodro (IKCO), SAIPA and Pars Khodro, produced 566,844 sedans during the eight months.
IKCO’s output during the period rose to 291,234, which is 43.6% higher year-on-year when the company produced 202,695 passenger vehicles. Several Peugeot and Dena models formed a huge share of the company’s production rate.  
In addition, IKCO manufactures commercial vehicles, such as pickups, vans, trucks and buses, the stats of which have not been announced. 
SAIPA produced 209,534 vehicles in the eight months, marking a 19.2% year-on-year decline by producing 259,362 vehicles.
Tiba models were the best-selling vehicles on SAIPA’s production list.