Will foreign investment return to Iran’s automotive sector?
Bourse and Bazaar | Hassan Karimi Sanjari: Iran produced just 770,000 automobiles in 2019, down from 1,418,550 just two years prior. The…
Tag Archives: Iran auto industry
SAIPA strengthens ties with academia for tech upgrade
Financial Tribune – Iran’s major automaker SAIPA is strengthening cooperation with the University of Science and Technology to upgrade its products with…
IRGC Aerospace Force ready to help Iran’s car industry
Tasnim – The commander of the Islamic Revolution Guards Corps Aerospace Force said the force can provide Iranian automakers with advanced technologies…
IKCO launches 175 projects for auto parts localization
Financial Tribune – In line with efforts to deepen the localization of auto parts production, 175 projects have been launched by Iran’s…
Irans Auto Sector: Coronavirus pandemic, sanctions
Financial Tribune – Amid the COVID-19 crisis, Iran’s automotive industry will only survive if the government once again places it on life…
Iran’s Auto Sector: Moment of truth
Financial Tribune – Few auto market experts or analysts can tell you what really is going on in this huge but crisis-plagued…
Iran auto output up 4% in 10 months
Financial Tribune – Iran’s automotive output increased by 4% during the 10 months ending Feb. 19 compared to a year earlier. According…
Photos: President Rouhani unveils Iran’s new domestic cars
Tasnim | Hamed Malekpour: President Hassan Rouhani on Wednesday unveiled four Iranian domestically-manufactured cars that are ready to join the market. According…
Rouhani unveiled 4 new, optimized domestic cars
MNA – Iranian President Hassan Rouhani unveiled four new and optimized domestic cars that are ready to be put on the market…
Iran’s main automotive company unveils first version of electric car
Press TV – The Iran Khodro Compnay (IKCO), the largest carmaker in Iran, has unveiled a first electric car that could reach…
SAIPA says to produce 3,000 renault cars
Financial Tribune – Pars Khodro, a subsidiary of SAIPA car company, has restarted producing Renault cars, the company said in a statement.…
Iran achieved 80% self-sufficiency in auto parts manufacturing
MNA – Secretary of Iranian Auto Parts Makers Association Maziar Beyglou expressed hope that self-reliance in the manufacturing of auto parts would…
Iran: Presales sidestepping vehicle standard regulations, deadline
Financial Tribune – Despite the Iranian government’s promise to halt the production of substandard cars in a few months, recent moves indicate…
IKCO releases two-month sale report
Financial Tribune – Iran Khodro Company (IKCO), the country’s biggest car manufacturer, has announced that in the past two months, it has…
Iran says Pride will go from its recession-hit car industry
Press TV – Iranian authorities say that Pride, a car model that has dominated the country’s market for more than two decades,…
Central Bank of Iran boss lashes out at loss-making carmakers
Financial Tribune – In a rare weekend attack on the unbelieving poor performance of automakers, governor of the Central Bank of Iran…
Iran H1 auto output dips near 35%
Financial Tribune – Iran’s automotive output declined by 34.8% during the first half of the fiscal 2018-19 compared to a year earlier.…
SAIPA expanding presence in Africa
Financial Tribune – Iran’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe. The first vehicle to…
Automakers, tech firms sign deals to curb foreign reliance
Financial Tribune – To curb the Iranian auto industries’ reliance on imports, car manufacturers have forged several deals with local tech firms…
SAIPA car manufacturing Co.’s output surpasses 147,000 in five months
MNA – Statistics show that Iran’s second-largest car manufacturing company “SAIPA” manufactured 147,588 vehicles in the first five months of the current…
Iran defense ministry to manufacture 470 auto parts: MP
Tasnim – The chairman of the Iranian Parliament’s Industries and Mines Commission said the Defense Ministry has signed a contract with domestic…
Iran annual auto output report: 2018-19
Financial Tribune – In the last fiscal year (ended March 20, 2019), a total of 955,923 cars and commercial vehicles were produced…
Iran auto output suffers sharpest decline in 18 years
Financial Tribune – Iran’s automotive output suffered its sharpest year-on-year decline in 2018 since the 21st century. Local companies last year made…
Opel helps France’s PSA buck China, Iran auto downturn
Bourse and Bazaar | AFP: French auto giant Groupe PSA, which makes the Citroen and Peugeot brands, reported record vehicle sales Tuesday…
For Iran’s economy, the price of a car matters more than the price of oil
Bourse and Bazaar | Khosro Kalbasi: The combination of reimposed sanctions, a slowing economy, and a devalued currency have put Iran’s automotive…
What to expect from Tehran Auto Show 2018
Financial Tribune – While the Iranian automotive sector is facing various headwinds, authorities are moving ahead with plans to hold a new…
IKCO to deliver presold Peugeot 2008 SUVs
Financial Tribune – Extending apologies for the prolonged delay in the delivery of presold units of the SUV model Peugeot 2008, Iran…
Iran auto industry’s facts and figures
Financial Tribune – During the first four months of the current fiscal which started in March, Iranian automakers manufactured 436,136 cars and…
Iran Khodro to unveil upgraded models
Financial Tribune – Iran Khodro, the largest auto manufacturer in the country, is reportedly set to showcase three updated versions of its…
PSA Group committed to delivering presold cars in Iran
Financial Tribune – Automotive joint ventures between Iranian and subsidiaries of French automotive group PSA, Peugeot and Citroen, have announced that measures…
Auto industry explores ways to address upcoming US sanctions
Financial Tribune- Key players in the Iranian auto industry are pooling all their resources to address the tumultuous state of the industry…
Iran auto sector’s facts and figures
Financial Tribune | Khosro Kalbasi: During to the first two months of the current Iranian year ending on May 21, with 226,584…
Trump’s looming sanctions could cripple Iran’s auto industry
Business Insider | Gina Heeb: As companies withdraw foreign brands and halt planned investments in Iran, analysts think the country’s auto industry…
Iran Auto Industry 2017-18: All you need to know
Financial Tribune- Iran’s key automotive sector experienced a significant surge during the fiscal which ended in March. With 1,534,799 units rolling out…
Iran auto output at 1.5m units
Financial Tribune- Iranian automotive firms produced 1,515,396 cars and heavy-duty vehicles in 2017 indicating an 18.19% year-on-year growth. According to the latest…
SAIPA to produce Citroen crossover in Iran
Financial Tribune- SAIPA is set to produce a subcompact crossover based on Citroen C3, which is an exclusive model offered by the…
PSA invites Iran Khodro to produce Peugeots in Algeria
Press TV- French carmaker PSA Group has invited Iran Khodro (IKCO) to set up a production line for Peugeot cars in Algeria,…
Iran, Azerbaijan joint auto plant to open in March
Financial Tribune- Inauguration of Iran Khodro-AzEuroCar LLC joint production plant known as Azermash is scheduled for March, the JV’s Azeri chairman of…
Kerman Motor terminates assembly of 3 Chinese models
Financial Tribune- Kerman Motor, Iran’s second largest private carmaker has halted the assembly of three Chinese-derived models namely JAC J5 and Lifan’s…
Peugeot, Renault ties to Iran deepen
Financial Tribune- Data released by two major French carmakers has it that Iran accounts for 21% of cars sold under Peugeot’s brand…