Iran Auto Industry

Iran Auto Industry

  • Iranian Carmakers Obliged to Observe 15 ISIRI Quality Directives
    To improve the quality and safety features of domestic cars, the Institute of Standards and Industrial Research of Iran has obliged domestic automakers to follow 15 directives, according to Mehdi...
  • IKCO, SAIPA Set Up Alliance for Improving Car Standards, Quality
    Iran’s two major automakers have formed an alliance to improve the safety standards and quality of their products. “SAIPA Automotive Group’s Shahin car will soon be equipped with the engine...
  • Iran's Global Auto Ranking Sinks
    The global ranking of Iranian automakers has fallen noticeably and experts blame numerous factors for this issue. “Economy cars produced by domestic producers do not have an acceptable quality, so...
  • SAIPA Ahead of Production Plan
    SAIPA Automotive Group, in addition to completing the deficient cars, has produced 20,845 vehicles in the first fiscal month (March 21-April 20), according to SAIPA Automotive Group's deputy for...
  • Prerequisites for Increasing Car Production Outlined
    Car production capacity could be increased by 50%, provided prerequisites created by growth in inflation should be put in place in the current fiscal year (started March 21), secretary of the...
  • SAIPA Started Abolition of Car Lotteries With Shahin
    SAIPA Automotive Group has started the sale of Shahin from April 19, without holding a car lottery, in response to high public demand. Accordingly, the delivery time of this car is a maximum of 90...
  • Plans to Meet Car Demand Outlined
    The Ministry of Industries, Mining and Trade plans to meet car demand by placing imports and higher production on its agenda, the head of the ministry’s Automotive Industry Office said. “In the...
  • SAIPA Leads in Car Paint Quality
    SAIPA Automotive Group has always been a leader in the automotive paint sector, as it uses advanced robots, paints and solvents in accordance with the latest technology. SAIPA uses paint layers...
  • 25% of SAIPA’s Output Last Year Produced in Two Months
    SAIPA Industrial Group produced 397,000 cars last year, of which a quarter were manufactured in the last two months of the fiscal 2021-22 (Jan. 21-March 20), according to the group’s CEO.  "In the...
  • Reducing Auto Service Costs
    Problems related to high prices of low quality car components can only be fixed by increasing the quality of parts used in domestic cars, or by after-sales service networks, automotive experts say...
  • SAIPA Plans to Boost Output Despite Ongoing Challenges
    SAIPA, one of the two major Iranian automakers, plans to increase auto output by 25% in the next fiscal year (starting March 21), despite facing several problems, including its mounting debts to...
  • Iran's First Step for Car Pricing Reformation
    Any successful car pricing reform should narrow the wide gap between a car’s factory and market price.  "It is important to first take actions [and remove this difference], in order to rectify the...
  • Domestic Cars Insipid, Substandard
    Some of the cars produced in Iran have witnessed the least change in terms of design and standards for more than 20 years.  “Apart from Tara and Shahin, most of the other domestic cars do not have...
  • ISIRI Mandates for Car Presales
    Fifteen legal mandates have been devised for upgrading the quality and safety of domestic cars and unless automakers abide by them, no presale of vehicles will be allowed, the head of the Institute...
  • Kerman Motor to Assemble JAC’s Electric Hatchback
    Kerman Motor Automotive Company, which imports and assembles JAC products in Iran, has published pictures of JAC's new electric car that it plans to assemble in Iran. Kerman Motor has started...
  • No Good Quality Vehicles Were Produced in Last Eight Years
    In the last eight years, no good quality vehicles have been produced, the head of the Institute of Standards and Industrial Research of Iran announced. Mehdi Eslampanah added that nine standards...
  • Gov’t Policy Changes to Further Raise Car Prices
    The 10-15% increase in total costs due to the removal of subsidized currency will have a direct impact on the prices of automobiles and related parts, a faculty member of Iran University of Science...
  • Car Quality-Liquidity Link Examined
    An automotive official said quality should not determine the price of a vehicle, as it puts pressure on component makers, raw material producers and workforce due to the lack of favorable...
  • Component Makers Grappling With Liquidity Challenges
    Iranian component manufacturers have faced many problems over the last two years, due to restrictions imposed by sanctions and the coronavirus pandemic.  However, despite these conditions,...
  • Will Car Lotteries End?
    Industries, Mining and Trade Minister Reza Fatemi-Amin has announced that car lotteries will be ended in the next Iranian year (starting March 21). “The demand for cars in the country is 1.5...
  • Automotive Parts Localization Expected to Save €74 Million
    Iran’s major automaker Iran Khodro Company (IKCO) has helped save €69 million through the indigenization of auto parts production since the beginning of the current Iranian year (March 21)....
  • Automakers’ Debts Piling Up
    The domestic auto industry's debt to parts makers has reached a new high of 450 trillion rials ($1.45 billion), according to a member of the Iran Auto Parts Makers Association. Reza Rezaei also...
  • Iran's Car Output Up 4.8% in 8 Months
    Iran’s automotive production increased by 4.8% during the current Iranian year’s first eight months (March 21-Nov. 21) compared with the year-ago period. According to data released by Securities...
  • Tech Support for Auto Localization
    The procurement of raw materials and key components in Iran’s auto parts manufacturing sector has been beleaguered by US sanctions, but the domestic technology ecosystem stepped in to help overcome...
  • Domestic Car Quality Ticks Up
    The Iran Standards and Quality Inspection Company’s latest report shows a light improvement in the quality of domestically-manufactured and assembled automobiles during the Iranian month ending Oct...

Pages

Financialtribune.com