Iranian automakers deep in red
Financial Tribune – By highlighting the automakers’ massive debt to local parts suppliers, industry lobbyists are once again calling on state authorities…
Tag Archives: Iran’s auto industry
Iran Khodro company produces home-made car engine
FNA – Iran’s giant car-maker Iran Khodro manufactured a home-made engine named EC5 which can reduce fuel consumption in Peugeot 301 passenger…
47% decline in Iran’s auto production
Financial Tribune – Iranian car companies produced 47,317 cars and commercial vehicles during the month ending Aug. 22, indicating a 47.1% decline.
Multilateral deal to boost auto sector
Financial Tribune – Parts manufacturer SAPCO, affiliated to Iranian carmaker SAIPA, has signed agreements worth 4.2 trillion rials ($37 million) with Ferdowsi…
Iran’s new car import rules resemble a ban
Financial Tribune
Rouhani: Steel, auto industry on verge of joining int’l market
IRNA — President Hassan Rouhani said on Wednesday that apart from the active presence of Iran’s petrochemical industry in the global market,…
Iran, Oman to launch joint auto plant
MNA– Iran’s Charge d’Affairs in Oman Tutunchi has reported on Tehran-Muscat talks over establishment of an auto manufacturing plant in the southern…
Iran halts car imports
Financial Tribune- The Ministry of Industries, Mining and Trade has stopped taking orders for all foreign-made cars on its website without providing…
Iran Khodro sets up shop in Armenia
Financial Tribune- The inauguration ceremony of Iran Khodro Company’s first showroom in the Armenian capital, Yerevan, was held December 18, IKCO said…
Contract with Peugeot, best car deal in Iran’s history: Official
IFP- “The contract between Iran and France’s Peugeot is a joint venture; that is to say, we have a firm to jointly…
New Renaults by April
Financial Tribune- Renault’s subsidiary in Iran, Negin Khodro, says it will introduce two new models by April 2017, the company’s CEO Jamshid…
German TÜV Süd cooperates with Iranian automaker to improve safety
December 6, The Iran Project – The CEO of the Germany’s TÜV Süd Co. office in Tehran says they have started working…
Foreign carmakers get in line for Iran
Financial Tribune- The lifting of trade sanctions and moves to open the Iranian economy to foreign direct investment have seen a number…
Iran at Baghdad Auto Expo
Financial Tribune- SAIPA and Iran Khodro, the two largest Iranian automakers, are participating at the ongoing Baghdad 43rd International Exhibition that opened…
Iran’s auto imports dipping
New data revealed by Iranian Automobile Importers Association indicate car imports to the Islamic Republic are heading for a decline over the…
IKCO exports 300 Dena sedans to Algeria
Iran’s largest auto manufacturer, Iran Khodro Company (IKCO), exported 300 Dena models to Algeria last month. The shipment follows a previous report…
Iranian, Turkish companies discuss auto parts Coop.
A Turkish delegation of auto parts suppliers visited Pars Khodro’s production plants this week and announced their interest in expanding collaboration with…
Ban on luxury cars still in place
Iran’s Auto Importers Association announced that the recent report about “lifting the ban on luxury cars” has been misinterpreted. According to the…
IKCO August production breaks record
Iran’s largest automaker, Iran Khodro Company has produced 57,879 vehicles and pickup trucks during the last Iranian month (ended August 22). This…
Iran auto export rates unsteady
Iran’s auto export rate has declined strikingly during the first quarter of the current Iranian year (started March 20) compared to the…
SAIPA production hits record
SAIPA, Iran’s second largest auto manufacturer, has produced 50,000 units in the last Iranian month (ended August 22) and broke its earlier…
Iranian carmakers’ good fortune unlikely to trickle down
TEHRAN, Iran — A majority of car consumers in Iran complain about the low quality and high prices of vehicles produced by local manufacturers, according to…
Iran car output soars
Iran Khodro Automotive Group, also known as IKCO, has released its latest data on the first quarter of the current Iranian year…
Iran targets 80% auto localization
The Iranian government has targeted an automotive localization rate of 80%, following several overseas evaluations of the quality of domestic components, reliable…
Car imports from France
A total of 1,067 vehicles worth $17,094,672 were imported from France, of which 1,062 were produced by Renault in the first two…
R&D could save Iran’s car industry
Given the new measures taken by Iran’s carmakers in the area of research and development, local auto manufacturers will be able to…
Iranian automakers making foreign inroads
Iran’s leading automakers SAIPA and Iran Khodro Diesel Company (IKD) recently launched initiatives in Ivory Coast and Azerbaijan Republic respectively. Ivory Coast…
Iran stops auto import form UAE
Tehran, June 20, The Iran Project – A faculty member of the University of Science and Technology says after the implementation of…
Auto industrial park to boost car quality
Setting up an industrial park in Arg-e Bam to produce auto parts could play an important role in the development of the…
Market to determine prices of new Peugeots
Prices of new Peugeots produced in Iran will be set according to international standards, said Iran’s deputy minister of industries, mining and…
Auto sector gets a jolt
Over the past couple of months, a new global trend has emerged in the automotive sector, a situation where car assemblers and…
Lifan 820 sales start
Mass production of Lifan 820 began at Kerman Motors Company and sales started on May 21 at all official showrooms, the company’s…
South Korean manager: Iran capable of developing auto industry
Tehran, May 24, IRNA – Lee Myeong-jin, a senior official with the South Korean company Hyundai Dymos said on Tuesday Iran boasts…
Iran to increase regional market share by 2025
TEHRAN (ISNA)- In-depth studies suggest that the regional countries would enjoy a market of 6,700,000 vehicles in 2025, 4m of which would…
Car prices increase
Car prices are going up again in the new Iranian year (started March 20), but is that justified or helpful to the…
Fourth IKCO car to enter Iran’s market
TEHRAN (ISNA)- The 4th IKCO brand car is going to enter the market by the end of this Iranian year, i.e. Mach…
Iran’s meager share in global auto market
Iran’s Ministry of Industries, Mining and Trade recently released production figures for Iran’s auto manufacturing industry, which show the country’s 1% share…
Photos: President Rouhani unveils 2 products of Iranian auto makers
Iran’s President Rouhani unveiled Saina automobile and a diesel engine produced by Iran Khodro Industrial Group (IKCO) and SAIPA companies on the…
President Rouhani hails nation’s massive participation in elections
Tehran, March 1, IRNA – President Hassan Rouhani praised the vigilant participation of the Iranian nation from all walks of life in…
Minister: We seek for positive balance in auto industry
Tehran, Feb 29, IRNA- Minister of Industry, Mine and Trade said his ministry is committed to the government to have a positive…