Three major Iranian carmakers, namely, Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, produced 429,414 vehicles during the six months to September 22, the figures released by the Ministry of Industry, Mine and Trade indicated.
Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 386,277 vehicles during the five months to August 22, rising from 380,521 cars manufactured in the same period last year.
Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 289,311 vehicles during the four months to July 22, rising from 260,235 cars manufactured in the same time span of the past year.
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.
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.
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.