Three major problems have reduced the domestic production of automotive spare parts in the current fiscal year (started March 21).
Auto Parts
After the government stopped the allocation of foreign currency for tire importers, the domestic market is facing numerous challenges in supplying tires, according to the secretary of the Iran…
Domestic spare parts manufacturers are facing production problems, as the supply chain of raw materials has run aground. Spare parts producers have to import some of the vital raw materials…
If 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.
Low-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…
Iran 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…
While 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…
While 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…
Domestic 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…
Tire 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…
The 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…
An 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…
Tire 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.
A spokesman for the Tehran Auto and Machinery Parts Dealers Association explained the impact of car imports on the spare parts market.
Automotive 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…
A 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…
The 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…
Major 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 (…
Following 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…
Iran’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…
Iranian 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.
Iran’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…
With 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…
Iranian auto parts manufacturer SAPCO has signed multiple agreements with domestic knowledge-based companies, as part of efforts for curbing reliance on foreign resources.
Iran's Defense Ministry has signed a deal with local car manufacturing company SAIPA to curb the auto sector's reliance on foreign parts.
