Sanctions slash Iran’s automotive diversity
Financial Tribune – The choice of cars available to Iranian customers has shrunk over the past year after the US reimposed harsh…
Tag Archives: Iran’s car industry
Saipa of Iran to produce joint venture cars in African market
IRNA – South African car manufacturer “Mureza” announced on Wednesday it has plans to cooperate with Iran’s major automaker “Saipa” to assemble…
Iran gains technology for manufacturing airbag control units
PressTV – A major Iranian auto parts maker says it has gained the technology needed for manufacturing the airbag control unit (ACU)…
SAIPA unable to deliver Renault, Brilliance cars
Financial Tribune – Iranian automaker SAIPA has registered pre-orders for 350,000 vehicles, of which about 50,000 units—mainly Renault and Brilliance cars—cannot be…
Iranian carmaker says cannot deliver presold Renaults
Financial Tribune – Pars Khodro, a subsidiary of Iranian car company SAIPA, reportedly presold 36,000 Renault cars which it now says it…
Car buyers: Let competition prevail
Financial Tribune – 47.4% of the participants said they fully back a free car market where supply and demand determine prices. They…
Iranian Lambo clone creator says car is first step to domestic supercar industry
Sputnik – Engineers showcased a reverse-engineered Lamborghini Murcielago SV clone earlier this month in Tabriz, an industrial hub in northeast Iran, painstakingly…
Iran’s car industry and the localization conjectures
Financial Tribune- Local carmakers are overly dependent on imported parts and in the best ‘localization’ case scenario some essential parts are still…
Iran Auto sector in difficult mode
Financial Tribune- Rising foreign exchange rates over the past several weeks is pushing up the price of raw material for automakers according…
Iranian carmaker calls for co-op with Azerbaijan, Turkey
ILNA:An Iranian car maker has called for expansion of trilateral ties with Turkish and Azerbaijani carmakers. In an interview with Trend, the…
Local car prices remain unchanged
Iran’s Competition Council, the body responsible for setting vehicle prices, gave the go-ahead last week to domestic carmakers allowing them to increase…
Automotive targets highlighted
The turnover of Iran’s auto industry in 2015 was recorded as $23 billion, according to the chief executive officer of Iran’s leading…
‘Germany’s VW close to Iran auto deal’
Iran said on Sunday that Germany’s auto giant Volkswagen is expected to seal a deal with an Iranian partner in the near…
Rouhani’s auto plans
Iran’s President Hassan Rouhani announced that national automakers, Iran Khodro and SAIPA, should be “completely privatized and [become] competitive”. President Rouhani made…
Iran automotive advantage assessed
Hashem Yekezare, chief executive officer of Iran Khodro, has talked about the importance of investment in the car industry. Speaking on the…
Iran’s total sale of auto, spare parts in 2014 stood at $23bn
Tehran, March 1, IRNA – Iran Khodro Company (IKCO) Managing Director Hashem Yekkeh Zare announced Iran’s total sale of auto and spare…
Plans devised to make Iran region’s top automaker: Minister
TEHRAN (Tasnim) – Iran’s industry minister unveiled a 10-year plan aimed at giving a major boost to the country’s auto industry and…
President Rouhani unveils 2 products of Iranian auto makers
Tehran, March 1, IRNA – President Hassan Rouhani unveiled here on Tuesday two news cars manufactured by Iranian auto producers. President Rouhani…
Iran must privatize car industry, president says
Iran’s car industry must be privatized to meet the government’s goal of turning it into a global competitor, the president said on…
Iran says no place for China carmakers if local content not raised
Iran on Sunday raised the possibility to force the Chinese car manufacturers out of its auto market in the next Iranian calendar…
10-Year vision plan for car industry
Despite the crisis facing Iran’s car industry, the country aims to produce three million cars annually as part of a 10-year Vision…
Iranians boycott domestic cars
Tehran (AFP) – A campaign to boycott “substandard and expensive” Iranian-made cars has fired up social media in the Islamic republic, where…
Iran courting German, Italian auto firms
Iran’s media say the country has suspended plans to cooperate with Peugeot and is instead preparing to take up talks with German…
Iran opening beckons Peugeot to BAT as Western brands entice
The end to Iran’s international isolation is attracting more than just energy firms. Carmakers, aircraft and tobacco producers also make the list…
Middle-East’s largest carmaker vows to manufacture more fuel efficient cars
TEHRAN (FNA)- Iran’s largest carmaker, the Iran Khodro Industrial Group, said it has put producing fuel efficient engines on its agenda in…
US car makers willing to join Iranian auto industry
TEHRAN (ISNA)- The US auto manufacturers said that they are interested to join the Iranian market, said a member of Iran Car…
Iran car imports up by 31%
Iran imported 102,000 cars during last Persian calendar year (ended March 20, 2015,) showing a 31% year-on-year increase. The value of car…
Iran raises car production by 58 percent in 11 months
TEHRAN (ISNA)- Iran’s car output rose by 58.2 percent over the first 11 months of Iranian calendar year (started on March 21,…
Renault reports 50% drop in auto sales to Iran
French giant automaker Renault says its sales of cars to Iran almost halved in January. Renault has said that it had sold…
Minister calls for high quality domestic cars
Tehran, Jan 3, IRNA — Minister of Industry, Mines, and Trade Mohammad-Reza Nematzadeh has urged carmakers to enhance the quality of domestic…
IKCO to establish 17 car component design companies
TEHRAN (ISNA)- Iranian largest state-run auto manufacturer IKCO plans to support the establishment of 17 car component design companies by the next…
Peugeot gives go-ahead to joint venture with Iran
TEHRAN, Dec. 06 (MNA) – Iran Khodro Industrial Group (IKCO) and Peugeot have signed a new joint venture contract. CEO of IKCO…
Iranian, foreign auto-manufacturers finalize cooperation deals
TEHRAN (ISNA)- Iran and certain foreign carmakers finalized deals following recent talks between the country and several foreign auto-manufacturers here in Tehran.…
Iran’s coverage: Iran would not terminate gas deal with Pakistan
Daily look at Iran’s late-breaking news and upcoming events: Zanganeh says gas contract with Pakistan would not be terminated Oil Minister…
Auto production jumps 70%
Tehran, Nov 26, IRNA – About 720,000 vehicles, including sedan, truck and bus, were produced in Iran during March 21-Nov. 21, showing…
Over 400 giant Int’l part-makers to participate in Iranian auto expo
TEHRAN (FNA)- At least 345 Iranian and 437 foreign companies from 20 countries will display their latest achievements, industries and services in…
Iran to make car parts locally
TEHRAN (ISNA)- A member of Board of Directors of Iranian Automotive Parts Manufacturers Association Mohammad Reza Najafi-Manesh said car parts of new…
Iran’s car production witnesses eye-catching hike
TEHRAN (FNA)- The Iranian trade ministry stressed the auto industry’s resolve to boost car-manufacturing with the highest possible quality, and said auto-manufacturing…
IKCO to produce 600.000 cars in 2014
TEHRAN (ISNA)- Largest Iranian state-owned company (IKCO) aimed at producing 600.000 passenger cars and pick-ups by the end of this Iranian year…
Iran to double auto manufacture
TEHRAN (ISNA)- A member of Board of Directors of Iranian Automotive Parts Manufacturers Association Mohammad Reza Najafi-Manesh said the country would double…