0447 GMT July 24, 2021
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A sedan car jointly manufactured by Iran and Azerbaijan was unveiled in Baku on Thursday by President of Azerbaijan Ilham Aliyev.
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Iran's auto sector has started standing on its own feet after years of reliance on imported car kits which foreign companies stopped supplying when the US reimposed sanctions on the Islamic Republic in 2018, according to a report by Press TV.
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Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 203,529 vehicles during the three months to June 21.
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Iran’s Ministry of Industry said car output in the country increased in the two months to late May as domestic manufacturers continued to dominate a local market where major international brands have almost no presence.
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Three major Iranian carmakers, Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 140,759 vehicles during the first two months of the current Iranian year (March 21-May 21).
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Three major Iranian carmakers, Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 118,546 vehicles during the first two months of the current Iranian year (March 21-May 21).
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Iran’s carmakers doubled output in the month to April 20 as manufacturers continue to scale up production to meet a growing demand in the domestic market.
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Iran’s industries ministry (MIMT) says car output in the country rose by 19.1% in the calendar year to March 20 despite closures and reduced activity measures imposed at plants by automotive companies to curb the spread of the coronavirus.
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Iran is eyeing the Eurasian market, hoping to produce low-cost cars in countries such as Russia, Iran Khodro Company (IKCO) head of operations in Asia, Europe, America and the Commonwealth of Independent States (CIS) said.
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Iran’s three major automakers, namely, Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 900,714 vehicles in the past Iranian year, ending on March 20, which was 4.3 percent more than the output of its previous year, data released by Codal website showed.
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Car giant Volkswagen said it was sorry for a publicity stunt that duped major media outlets and was criticized by AFP news agency as a "breach of trust".
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At least 20 people were killed and more than 30 others wounded in a car bomb blast in Somalia's capital Mogadishu on Friday night, police and emergency services said.
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Three major Iranian carmakers, namely, Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro manufactured 817,069 vehicles during the 11 months to February 18, 2021.
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At least three people were killed and eight others wounded after a car bomb exploded near a checkpoint close to the Somali Parliament headquarters in the capital Mogadishu.
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Iranian Industry, Mine, and Trade Minister Alireza Razm-Hosseini said that the country’s automobile production will increase by 50% in the second half of the current Iranian year (September 21, 2020-March 20, 2021) and the prices of cars will decrease.
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