Iran Auto Industry

Iran Auto Industry

Auto Output Up 21% in 5 MonthsAuto Output Up 21% in 5 Months
September 21, 2020 20:13
  • Auto Output Up 21% in 5 Months
    Iran’s automotive output increased by 21% during the first five months of the current Iranian year (March 20-Aug. 21) compared to the year-ago period. According to data released by the Industries...
  • SAIPA Starts Collaboration to Utilize Army’s Air Force Tech
    Major Iranian automaker SAIPA has signed an agreement with the Iranian Army’s Air Force, based on which the latter’s technologies will be shared with the carmaker. During a Sunday visit to SAIPA’s...
  • New Initiative to Replace Old Taxis With CNG-Hybrids
    Automaker Iran Khodro (IKCO) and Iran Taxi Union are jointly pushing an initiative to replace 50,000 dilapidated taxis with CNG-hybrids by the end of the current Iranian year (March 2021).  The...
  • MAPNA, IKCO Form Alliance to Produce Electric Vehicles
    The global electric vehicle race has reached Iran, as the domestic engineering and energy giant, MAPNA Group, and major automaker Iran Khodro Company (IKCO) are gearing up to jointly produce EVs....
  • Iran Auto Output Up 21%
    Iran’s automotive output increased by 21% during the first five months of the current Iranian year (March 20-August 21) compared to the year-ago period. According to data released by the Ministry...
  • Gov’t to Invest Over $170m in Auto Localization R&D Project
    Iran’s Industries Ministry plans to invest 40 trillion rials ($173.9 million) in a research and development project aimed at localizing key auto parts, a deputy industries minister said. Mehdi...
  • Auto Parts Localization Could Save $2 Billion
    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. Arash...
  • Auto Industry Future Uncertain
    Iran’s auto industry was in a hopeless and failing platform even before Donald Trump imposed tough new economic sanctions in 2018 after getting out of Iran’s historic nuclear agreement.  As...
  • SAIPA, Sharif Univ. Commence Collaboration to Produce EVs
    Iran’s major automaker SAIPA and Sharif University of Technology have started collaboration to design and develop electric vehicles. Late last week, SAIPA’s CEO Seyyed Javad Soleimani conferred...
  • Iran Auto Output Rises 4.3%
    Iran’s automotive output increased by 4.3% during the first four months of the current Iranian year (March 20-July 20) compared with the year-ago period. According to data released by Securities...
  • Tough Times Ahead for Iran Auto Parts Makers
    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...
  • IKCO, IUST Sign R&D Deal
    Iran’s major automaker Iran Khodro (IKCO) has signed a research and development agreement with the Iran University of Science and Technology to expand cooperation and technologically upgrade its...
  • SAIPA Strengthening Ties With Technological Firms
    Iran’s major automaker SAIPA has taken another step for localizing and technologically upgrading its auto production by forging contracts with 48 knowledge-based and tech companies. During a press...
  • SAIPA Strengthens Ties With Academia for Tech Upgrade
    Iran’s major automaker SAIPA is strengthening cooperation with the University of Science and Technology to upgrade its products with the state-of-the-art technology.  During a Saturday visit to...
  • IKCO Launches 175 Projects for Auto Parts Localization
    In line with efforts to deepen the localization of auto parts production, 175 projects have been launched by Iran’s major carmaker Iran Khodro (IKCO), the company’s CEO said. Farshad Moqimi said...
  • Iran Auto Output Rises in Q1
    Iran’s automotive output increased by 9.4% during the first three months of the current Iranian year (March 20-June 20) compared to the year-ago period. According to data released by the...
  • $2 Billion Aid Package to Bolster Automotive Industry
    The Central Bank of Iran, along with several local banks and government, is set to roll out an aid package worth $2 billion to boost the country’s automotive industry, secretary of Iran Auto Parts...
  • Iran's Auto Output Down 14.6%
    Iran’s automotive output declined by 14.6% during the month ending May 20 compared to a year earlier. According to a report published by Iran’s Securities and Exchange Organization on Codal.ir,...
  • Iran: Automakers Might Phase Out  Pride, Peugeot 405 in June
    Automakers Iran Khodro (IKCO) and SAIPA are expected to end the production of two low-quality cars, Peugeot 405 and Pride, which have been made in Iran for decades. “IKCO’s Peugeot 405 and SAIPA’s...
  • Auto Linkup With Tech Ecosystem
    Iran’s major automaker Iran Khodro (IKCO) is starting cooperation with the Electronics Support Fund for Research and Development to upgrade its production facilities.  Affiliated to the Ministry...
  • Iran Auto Output Down 32.5%
    Iran’s automotive output declined by 32.5% during the month ending on April 17 compared to a year earlier. According to a report published by Iran’s Securities and Exchange Organization on Codal....
  • Irans Auto Sector: Coronavirus Pandemic, Sanctions
    Iranian automakers will miss output goals they had set for the current fiscal year (started March 20), amid the coronavirus pandemic and US sanctions, a member of Tehran’s Chamber of Commerce says...
  • Iran’s 2019-2020 Auto Output Report
    In the last fiscal year that ended in March, 863,263 passenger vehicles were produced in Iran, indicating a 9.6% year-on-year decline. According to a report published by Iran’s Securities and...
  • Gov’t Pushes to Curb Auto Industry’s Import Reliance
    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 minister...
  • Iran’s Auto Sector: Moment of Truth
    Truth be told, most big companies, banks, state and government organizations are prone to corruption, mismanagement, larceny, fraud and waste.  But a time comes when some no-nonsense folks start...

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