Auto Parts
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January 13,2023If spare parts shortage in the domestic market were to continue in the next two months, prices will increase, according to the head of the Auto Spare Parts Union. “The shortage in the domestic... -
January 07,2023Low-quality and overcharging are the main customer complaints about domestic auto spare parts, according to a member of the Board of Directors of Tehran Automobile Spare Parts and Machinery Union...
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November 23,2022Iran has reached self-sufficiency in the production of car batteries and is now focusing on exports. Annually, 15 million car batteries are being produced in Iran, of which 4 million are exported...
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November 14,2022While domestic production can meet the market demand for brake pads, currently imported and smuggled parts constitute 30-40% of the domestic market, said secretary of Iran's Brake and Clutch...
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November 09,2022While domestic manufacturers are producing high quality and cost-effective car parts, such as brake pads, some companies are importing components that have an Iranian counterpart and disrupting the...
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November 05,2022Domestic component manufacturers are exporting car parts to Russian companies and their main goal is to boost this trend, according to the secretary of the Association of Automobile Parts and...
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October 03,2022Tire export restrictions, which were imposed after the four-year export ban was lifted in the fiscal 2021-22, have been abolished. Tire producers are henceforth allowed to export without any...
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September 14,2022The fine for selling counterfeit car parts will be increased by 16 times and sellers will be blacklisted, a deputy industries minister announced. Mohammad Mehdi Baradaran added that once...
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September 12,2022An automotive expert believes exports will help improve the quality of parts and boost their manufacturing industry. Recently, the Institute of Standards and Industrial Research of Iran obliged...
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September 03,2022Tire industry players believe that apart from supply and economy-related problems, the government’s policy considering tires as a strategic product creates problems for the industry. "When you...
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June 20,2022A spokesman for the Tehran Auto and Machinery Parts Dealers Association explained the impact of car imports on the spare parts market. “New cars do not need a part replacement when they hit the...
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June 15,2022Automotive spare parts topped the list of smuggled goods in the fiscal 2021-22 (ended March 20), according to Spokesman of Headquarters to Combat Smuggling of Goods and Foreign Exchange Hamid Reza...
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December 22,2021A total of 69,949 vehicles were produced by the two main domestic automakers SAIPA and Iran Khodro Company (IKCO) in the current fiscal year’s eighth month (Oct. 23-Nov. 21), but only 58,872...
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August 11,2021The procurement of raw materials and key components in Iran’s auto parts manufacturing sector has been beleaguered by US sanctions, an industry insider said. Mohsen Razmkhah added that the sector...
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December 19,2020Major Iranian automaker Iran Khodro (IKCO) has slashed capital flight by $138 million through the localization of vehicle parts in the first eight months of the current Iranian year (March 20–Nov....
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December 05,2020Following the reimposition of US sanctions in 2018, almost all foreign automotive partners pulled out of Iran. However, local technology companies gradually stepped in to fill the void. Most...
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November 19,2020Iran’s major automaker SAIPA is implementing 81 projects to localize high-tech auto parts, hoping to curb the sector’s dependency on foreign suppliers. The projects have been established in...
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August 17,2020Iranian auto industries can reduce capital flight by $2 billion, if the government were to support their localization efforts, secretary of Iranian Auto Parts Manufacturers Association says. Arash...
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July 27,2020Iran’s auto part production sector is having a hard time procuring the raw material and key parts from foreign sources due to the restrictive US sanctions, an industry insider said. Mohsen...
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March 14,2020With the domestic development and production of 70 key auto parts since July 2019, Iran’s automotive industry has curbed capital flight amounting to €127 million, said a deputy industries minister...
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February 22,2020Iranian auto parts manufacturer SAPCO has signed multiple agreements with domestic knowledge-based companies, as part of efforts for curbing reliance on foreign resources. Late last week, the...
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December 21,2019Iran's Defense Ministry has signed a deal with local car manufacturing company SAIPA to curb the auto sector's reliance on foreign parts. Iranian car companies depend on auto parts imports—...
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December 11,2019Major local carmaker Iran Khodro (IKCO) is strengthening ties with Defense Ministry-affiliated firms by planning 23 auto parts production projects. This is IKCO's newest move to curb the sector's...
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October 07,2019Major Iranian auto parts manufacturers have recently signed a contract worth 12 trillion rials (over $100 million) with 32 local SMEs as part of a push to provide some relief to the country’s auto...
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September 11,2019Since August 2018 and following the reimposition of harsh US sanctions, 280,000 Iranian workers have lost their jobs in the domestic auto parts industry. Iran Auto Parts Makers Association has...
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