Iran Auto Industry
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August 03,2020Iran’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... -
July 29,2020Iran’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...
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July 27,2020Iran’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...
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July 22,2020Iran’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...
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June 29,2020Iran’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...
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June 27,2020In 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...
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June 24,2020Iran’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...
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June 10,2020The 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...
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May 30,2020Iran’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,...
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May 20,2020Automakers 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...
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May 11,2020Iran’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...
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May 02,2020Iran’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....
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April 15,2020Iranian 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...
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April 06,2020In 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...
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March 14,2020With 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...
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March 03,2020Truth 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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February 29,2020Iran’s automotive output increased by 4% during the 10 months ending Feb. 19 compared to a year earlier. According to data published by the Persian economic daily Donya-e-Eqtesad, Iran produced...
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February 26,2020Marred with mismanagement amid an economic crisis, Iran’s auto industry is saddled with a massive debt, the head of a local guild of auto parts makers said. Arash Mohebbinejad also told IRNA, “...
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February 22,2020Iranian auto parts manufacturer SAPCO has signed multiple agreements with domestic knowledge-based companies, as part of efforts for curbing reliance on foreign resources. Late last week, the...
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January 27,2020Pars Khodro, a subsidiary of SAIPA car company, has restarted producing Renault cars, the company said in a statement. Last March Pars Khodro stopped producing Renault vehicles because the “new US...
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January 13,2020The long-running debate over halting the production of Pride, a poor-quality small city car produced by Iranian automaker SAIPA, has reportedly been concluded with a clear and close deadline. ...
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January 04,2020Iran’s automotive output fell by 24.8% during the ninth months ending Dec. 21 compared to a year earlier. According to data published by Fars News Agency, Iran produced 572,965 vehicles of...
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December 21,2019Iran's Defense Ministry has signed a deal with local car manufacturing company SAIPA to curb the auto sector's reliance on foreign parts. Iranian car companies depend on auto parts imports—...
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December 14,2019Despite the Iranian government’s promise to halt the production of substandard cars in a few months, recent moves indicate local carmakers are moving in the opposite direction. There had been a...
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December 11,2019Major local carmaker Iran Khodro (IKCO) is strengthening ties with Defense Ministry-affiliated firms by planning 23 auto parts production projects. This is IKCO's newest move to curb the sector's...
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