China is estimated to have overtaken Japan as the world's largest car exporter for the first time in 2023, with sales driven by strong demand in Russia and growing global appetite for electric vehicles.
Iranian tire manufacturers produced 33,868,349 car tires in the first nine months of Iranian calendar year, indicating a one percent rise as compared to the number of tires produced in the same period in the previous ...
Iranian National Competition Council has notified the industry ministry of modified guidelines for regulating the passenger car market, which was amended last week.
Iran’s largest automaker the Iran Khodro Company (IKCO) announced that the National Competition Council has not accepted its request for the car price increase.
The spokesperson for the Iranian National Competition Council says the council is responsible for regulating the car market, and the Ministry of Industry is only the technical regulator of the car market.
The secretary of the Iranian Association of Parts Makers announced that a resolution was ratified to sell 120,000 cars by the end of the year at 5% below the market price.
Motorcycle production in Iran has grown 37 percent in the first nine months of the current Iranian calendar year (March 21-December 21, 2023) compared to the same period last year.
The production of heavy vehicles including trucks, mini-trucks, and tractors increased by 21 percent in the first nine months of Iranian calendar year as compared to the same period in the previous year.
