Iran Auto Industry
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July 14,2018Owning a 3.4% share of Iran’s auto market, the country’s second-largest private automotive company Kerman Khodro has acquired the required permits for launching an initial public offering on Iran... -
July 11,2018Tehran Auto Dealers Association has been holding talks with authorities and carmakers offering proposals on market management so as to rein in the auto sector's chaotic conditions and control the...
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June 30,2018Given the recent fluctuations in the auto market as the US prepares to reimpose sanctions against Iran, various executive entities in the country have outlined plans to undo a portion of the harm...
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June 27,2018Following a total ban on car imports as per a directive signed on June 20 by the industries minister, vehicle prices have once again hiked in Iran’s market, with many putting their plans to...
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June 27,2018French carmakers, PSA Group and Renault have held talks with Iranian officials during recent weeks to come up with “packages” to preserve their operations in the country. In the face of mounting...
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June 23,2018Iran's auto market was last month watched in astonishment by jittery customers and bewildered citizens in the face of skyrocketing prices. In order to redress the volatile situation and put in...
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June 20,2018After local media reported that the South Korean carmaker Hyundai has suspended its collaborations with its Iranian partner Kerman Motor, customers who have placed preorders for Hyundai cars...
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June 18,2018During to the first two months of the current Iranian year ending on May 21, with 226,584 cars and duty vehicles rolling out of factories, the key automotive sector recorded a 31.1% year-on-year...
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June 16,2018Local private auditing firm Iran Standard and Quality Inspection Company has signed a deal with the Barcelona-based engineering firm Applus+ IDIADA. The agreement is to assist the Iranian company...
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June 11,2018Volkswagen distributor in Iran, Mammut Khodro, has launched the presale of Golf GTI in the country. In addition to the Golf, Mammut has Tiguan and Passat on offer in Iran. According to an official...
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June 11,2018Automakers are putting measures in place to mitigate the impact of the upcoming sanctions imposed by the truculent US President Donald Trump in the wake of his underhand move to pull the country...
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June 09,2018The very first products of a joint venture between Iran Khodro and Azerbaijan's AzEuroCar LLC are set to go on sale in the coming days under the brand name Khazar. President Hassan Rouhani's chief...
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June 02,2018Peugeot 2008, the first product of a joint venture between the largest domestic automaker Iran Khodro and the French PSA Group, does not seem capable of finding a way out of price fluctuations....
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June 02,2018The unending saga of hybrid car import tariffs has taken another turn for the worse as the government decided to once again raise the rates by 10%. The officials have once again increased the...
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May 30,2018Iran’s Industries Ministry has released its monthly automotive statistical report covering local manufacturers’ output during the first Iranian month, which ended on April 20. According to the...
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May 28,2018The automotive market is mired in a state of limbo as evidenced by a stagnant market fanned by volatile foreign currency exchange rates and instances of up to 20% hikes in car prices. Head of...
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May 27,2018Increased lead exports in the first month of the current fiscal year (started March 21) over fluctuations in foreign currency market were a boon to producers but caused a shortage for local...
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May 23,2018Authorities are set to ratify new car prices for models costing under 450 million rials ($10,700) in the early days of June. Head of the Competition Council Reza Shiva said on Tuesday that the...
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May 21,2018After the public outrage over soaring prices of locally manufactured cars prodded the Iranian Parliament to summon the directors of Iran's largest automotive companies and the deputy minister of...
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May 19,2018The auto industry faces scrutiny on multiple fronts as car prices spike in Iran, with the bullish market observing a 10% price increase only in recent weeks. The industry seems to be stuck in a...
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May 09,2018Iran’s minister of industries maintains that prior to triggering public offering of managing shares of Iran Khodro and SAIPA, the number of active automotive firms in the country needs to be...
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May 09,2018French carmaker and owner of Peugeot brand PSA Group said on Wednesday that it hoped the European Union would adopt a common position on Iran, following US President Donald Trump’s decision to pull...
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May 07,2018While Iranian carmakers have constantly been under fire for low quality of their products and inadequate safety standards, reports by Iran Standard and Quality Inspection Company indicate a slight...
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May 02,2018Iran’s second largest auto manufacturer SAIPA hiked the prices for its products, some by as much as 9.4%, according to leaked data vaguely affirmed by officials. In an underhand move, SAIPA...
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April 28,2018Iran's key automotive sector experienced a significant surge during the fiscal which ended in March. With 1,534,799 units rolling out of factories, the companies collectively recorded a 13.7% year-...
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