Iran Auto Industry

The procurement of raw materials and key components in Iran’s auto parts manufacturing sector has been beleaguered by US sanctions, but the domestic technology ecosystem stepped in to help…

The Iran Standards and Quality Inspection Company’s latest report shows a light improvement in the quality of domestically-manufactured and assembled automobiles during the Iranian month ending…

Iran’s automotive production increased by 1.1% during the current Iranian year’s first seven months (March 21-Oct. 22) compared with the year-ago period.

The Iran Standards and Quality Inspection Company has issued a report on the quality of domestically-manufactured automobiles during the Iranian month ending Sept. 22. The quality watchdog is a…

Iran’s automotive production decreased by 1.4% during the first half of the current Iranian year (March 21-Sept. 22) compared with the year-ago period.

An Iranian knowledge-based firm has signed contracts collectively worth 8 trillion rials ($29 million) to supply catalytic converters to SAPCO and Mega Motors, major auto parts producers.…

Iran’s automotive output dipped by 0.8% during the first five months of the current Iranian year (March 21-Aug. 22) compared with the year-ago period. According to data released by Securities…

Iran’s major automaker SAIPA plans to increase production by 12% by March 2022 by introducing brand new models in its product lineup. Early this week, the company announced that it plans to…

Iran Standards and Quality Inspection Company has released a report on the quality of locally-made automobiles surveyed during the Iranian month ending June 21.  The quality watchdog is a…

The procurement of raw materials and key components in Iran’s auto parts manufacturing sector has been beleaguered by US sanctions, an industry insider said. Mohsen Razmkhah added that the…

Iran’s automotive output increased by 9.75% during the first four months of the current Iranian year (March 21-July 22) compared with the year-ago period. According to data released by…

Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending May 21.  The quality watchdog is a…

Iran’s automotive output decreased by 1.14% during the first three months of the current Iranian year (March 21-June 21) compared to the year-ago period.

Iran’s major automaker Iran Khodro Company (IKCO) has slashed capital flight worth €13 million through the indigenization of auto parts production since the beginning of the current Iranian year…

Iranian auto parts manufacturer SAPCO has devised a scheme for the indigenization of metal and non-metal components worth €26 million for the current fiscal year (started March 21). According…

The top two domestic automakers’ cumulative loss has reached 800 trillion rials ($3.36 billion) by the month ending May 21.  Saeed Madani, a former CEO of SAIPA, added that in view of the…

Iran’s Bank Tejarat has decided to lend 1.5 trillion rials ($6.38 million) to the major automaker Iran Khodro Company (IKCO) to boost localization. Based on the recent agreement between the two…

Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending April 20.  The quality watchdog is…

Iran’s auto industry is crippled with massive debts, a member of Iran Auto Parts Makers Association said. Reza Rezaei also told Tasnim News Agency that over the past six months, Iranian…

Iran’s ailing auto sector lost 300 trillion rials ($1.36 billion) in revenue during the last Iranian year (ended March 20, 2021).

Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending March 20.  The quality watchdog is…

Iran's largest automaker, Iran Khodro (IKCO), has implemented 125 localization projects in various fields, which are expected to reduce capital flight by €133 million per year. Adel…

Major Iranian automaker Iran Khodro (IKCO) has slashed capital flight by $210 million through localization of vehicle parts in the last two Iranian years (March 2019-21).

In the last fiscal year that ended March 20, a total of 900,714 passenger vehicles were produced in Iran, indicating a 4.33% rise year-on-year. According to data published on the website of…

Iran Standards and Quality Inspection Company has released its latest report on ranking locally-made cars, which indicate a slight improvement in vehicle quality. ISQI’s website has released…