Iran Auto Industry

Iran Auto Industry

  • ISQI Monthly Report Assesses Domestic Automobile Quality
    The Iran Standards and Quality Inspection Company has issued a report on the quality of domestically-manufactured automobiles during the Iranian month ending Sept. 22. The quality watchdog is a...
  • Iran H1 Car Output Falls 1.4%
    Iran’s automotive production decreased by 1.4% during the first half of the current Iranian year (March 21-Sept. 22) compared with the year-ago period. According to data released by Securities and...
  • Iranian Tech Firm to Aid Auto Upgrade
    An Iranian knowledge-based firm has signed contracts collectively worth 8 trillion rials ($29 million) to supply catalytic converters to SAPCO and Mega Motors, major auto parts producers. During...
  • Slight Dip in Iran Car Output
    Iran’s automotive output dipped by 0.8% during the first five months of the current Iranian year (March 21-Aug. 22) compared with the year-ago period. According to data released by Securities and...
  • SAIPA Plans 12% Output Rise
    Iran’s major automaker SAIPA plans to increase production by 12% by March 2022 by introducing brand new models in its product lineup. Early this week, the company announced that it plans to...
  • Monthly Survey of Car Quality
    Iran Standards and Quality Inspection Company has released a report on the quality of locally-made automobiles surveyed during the Iranian month ending June 21.  The quality watchdog is a private...
  • Iranian Auto Parts Makers Beleaguered
    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 sector...
  • Upswing in Iran Auto Output
    Iran’s automotive output increased by 9.75% during the first four months of the current Iranian year (March 21-July 22) compared with the year-ago period. According to data released by Securities...
  • Iranian Car Quality Assessed
    Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending May 21.  The quality watchdog is a private...
  • Iran Auto Output Drops in Q1
    Iran’s automotive output decreased by 1.14% during the first three months of the current Iranian year (March 21-June 21) compared to the year-ago period. According to data released by Securities...
  • Auto Parts Localization Curbs Capital Flight Worth €13m
    Iran’s major automaker Iran Khodro Company (IKCO) has slashed capital flight worth €13 million through the indigenization of auto parts production since the beginning of the current Iranian year (...
  • €26m Localization Plans Devised
    Iranian auto parts manufacturer SAPCO has devised a scheme for the indigenization of metal and non-metal components worth €26 million for the current fiscal year (started March 21). According to...
  • Iran Auto Sector Losses Hit $3.3b
    The top two domestic automakers’ cumulative loss has reached 800 trillion rials ($3.36 billion) by the month ending May 21.  Saeed Madani, a former CEO of SAIPA, added that in view of the...
  • IKCO, Local Bank Collaborate to Boost Auto Parts Localization
    Iran’s Bank Tejarat has decided to lend 1.5 trillion rials ($6.38 million) to the major automaker Iran Khodro Company (IKCO) to boost localization. Based on the recent agreement between the two...
  • Iranian Car Ranking Released
    Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending April 20.  The quality watchdog is a...
  • Debts Add to Automakers’ Woes
    Iran’s auto industry is crippled with massive debts, a member of Iran Auto Parts Makers Association said. Reza Rezaei also told Tasnim News Agency that over the past six months, Iranian carmakers...
  • Auto Sector Losses Reach $1.36b
    Iran’s ailing auto sector lost 300 trillion rials ($1.36 billion) in revenue during the last Iranian year (ended March 20, 2021). Announcing the above, Soheil Memarbashi, the head of...
  • Ranking of Iranian Cars Released
    Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending March 20.  The quality watchdog is a...
  • Localization Projects to Curb IKCO Capital Flight by €133m
    Iran's largest automaker, Iran Khodro (IKCO), has implemented 125 localization projects in various fields, which are expected to reduce capital flight by €133 million per year. Adel Pirmohammadi,...
  • Auto Parts Localization Checks Capital Flight by $210 Million
    Major Iranian automaker Iran Khodro (IKCO) has slashed capital flight by $210 million through localization of vehicle parts in the last two Iranian years (March 2019-21). Farshad Moqimi, CEO of...
  • Iran Auto Output Rises by 4.3% in Fiscal 2020-21 YOY
    In the last fiscal year that ended March 20, a total of 900,714 passenger vehicles were produced in Iran, indicating a 4.33% rise year-on-year. According to data published on the website of Iran...
  • Iran-Made Car Quality Improves
    Iran Standards and Quality Inspection Company has released its latest report on ranking locally-made cars, which indicate a slight improvement in vehicle quality. ISQI’s website has released its...
  • Carmakers, Armed Forces Expand Tech Ties to Overcome Sanctions
    Iran’s armed forces are expected to play an increasing role in auto industry by helping curb the impact of US sanctions on the key sector. After the US reimposed sanctions against Iran, foreign...
  • Auto Output Surges by 17%
    Iran’s automotive production increased by 17.16% during the 11 months to Feb. 18, compared with the same period of last year. According to data released by Securities and Exchange Organization on...
  • Auto Sector Facing Tough Times
    Iranian automotive companies are in the red, owing parts makers 430 trillion rials ($1.72 billion), a member of Iran Auto Parts Makers Association said. Reza Rezaei added that parts manufacturers...

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