Iran Auto Industry

A large number of applicants have withdrawn from the national online car ordering portal, Esalecar.ir, in just 24 hours. According to Mehdi Taqaddosi, the portal’s manager, the reduction in…

Transactions in the domestic car market are limited to passenger cars priced under 20 billion rials ($40,746), according to an automotive expert. “Currently, the market is in recession and cars…

An expert believes that the correct implementation of capital gains tax law could eliminate brokers from the car market and benefit real customers, but the passage of the law alone cannot solve…

SAIPA Automotive Group and Bank Sepah have agreed to forge cooperation between their respective affiliates, SAIPA Yadak and Omid Investment Management Group. In a joint meeting of the directors…

Three major problems have reduced the domestic production of automotive spare parts in the current fiscal year (started March 21).

SAIPA Automotive Group’s monthly vehicle output registered a significant increase in the first month of the current fiscal year (March 21-April 20), according to the group's deputy for…

SAIPA has unveiled a new engine called ME16 that will be used in three cars and P90, which is the Iranian version of Renault Sandero. According to SAIPA’s CEO Mohammad Ali Teymouri, the main…

The recent hike in the factory prices of two major Iranian automakers has increased car prices in the market but dampened demand, according to the vice chairman of Tehran Car Dealers Union.

The factory prices of cars produced by major domestic automakers Iran Khodro and SAIPA have increased by 29% on average, according to the CEO of SAIPA Automotive Group. “A price increase for…

The production of domestic vehicles (including heavy, commercial and passenger cars) reached 1.348 million in the fiscal 2022-23 (ended March 21), registering a 40% growth compared with the…

The domestic auto parts market is grappling with a price hike worsened by the jump in foreign exchange rate against the rial and delays in clearing imported car components in the last days of…

Vehicle production has exceeded 1 million units for the first time in four years, as 1.2 million vehicles were produced from the beginning of the current fiscal year (March 21, 2022), the head…

The domestic auto industry faces numerous challenges, the most debilitating of which is protracted disagreements between the government and the Majlis (parliament) over key policy decisions.…

SAIPA has signed a deal to export 45,000 cars worth €450 million to Russia, the head of the Trade Promotion Organization of Iran (TPO) said.

The factory prices of Iran Khodro Company’s (IKCO) vehicles will not increase in the Iranian New Year starting March 21, according to the company’s CEO.

The total number of vehicles (including heavy, commercial and passenger cars) produced in the 10 months ending Dec. 21, 2022 has grown by 20% compared with the corresponding period of last year…

The second joint agency of Iran Khodro (IKCO) and SAIPA was inaugurated in the presence of the CEOs of the two automakers.

SAIPA Automotive Group and Bank Saderat Iran have signed a memorandum of cooperation (MOC) in Tehran for producing new car models and increasing employment. 

Iran Khodro Company (IKCO) has produced more than 400,000 passenger, heavy and semi-heavy vehicles in the current fiscal year’s first eight months (March 21-Nov. 21).

The weekly production of commercial and passenger vehicles has reached 14,000 vehicles, according to the Iran Khodro (IKCO) Industrial Group’s deputy director for development and production.…

Domestic component manufacturers are exporting car parts to Russian companies and their main goal is to boost this trend, according to the secretary of the Association of Automobile Parts and…

SAIPA Corporation plans to export 14,000 cars (3,000 QUIK and 11,000 Shahin models) to Iraq and Venezuela. Mohammad Ali Teymouri, the company’s CEO, made the announcement during a supply chain…

The production of all types of vehicles (heavy, commercial and passenger) registered growth in the first seven months of the current fiscal year (March 21-Oct. 22), according to the head of Iran…

SAIPA Automotive Group has unveiled Shahin Connect, which was developed in cooperation with Irancell, during the Future Cars 2 event held in Tehran on Oct. 19.

Iran Khodro Industrial Group’s (IKCO) passenger vehicle production reached 301,700 from March 21 to Oct. 4 and set a record, as it was 100,000 units higher than that of the corresponding period…