Iran Auto Industry

Given the turmoil surrounding the government forex policies which have hampered the import of raw materials, auto parts makers are struggling to keep production lines up and running amid a…

Extending apologies for the prolonged delay in the delivery of presold units of the SUV model Peugeot 2008, Iran Khodro, the local partner of the French automotive company, has announced that…

During the first four months of the current fiscal which started in March, Iranian automakers manufactured 436,136 cars and commercial vehicles, down 0.1% from last year’s 436,413 units.

US pressure on Iran’s key auto industry coupled with domestic faulty policies have pushed up car prices once again, only a few days after the introduction of the government’s new forex policy…

Iranian auto importers, who had brought vehicles into the country when the open market forex rate was significantly lower than the current average of 95,000 rials per US dollar, need to slash…

Iranian parliament members in step with the government are moving ahead with a proposed plan to relax state sway on the country's auto market, a move aimed at removing the car price caps that…

Few days after the introduction of government's new forex policy, local parts makers have expressed deep concern over the fate of their business.

Parts makers are of the opinion that the…

Following the spikes in car prices and a lingering stagnation in the auto market, Deputy Industries Minister Mansour Moazemi is optimistic that the new state forex policy will help alleviate…

Iran Khodro, the largest auto manufacturer in the country, is reportedly set to showcase three updated versions of its cars, in the forthcoming Mashhad Auto Expo. The potential models are…

Iranian and Brazilian officials are to engage in dialogue within the next few months to discuss expansion of bilateral ties in the auto industry.

During the first four months of the current fiscal which started on March 21, Iran exported cars, commercial vehicles, tractors and auto parts with the total value of $40,277,057, indicating a…

A new wave of higher car prices has arrived; pushing decent rides further out of average Iranians' reach and helping avaricious dealers make another quick buck at the expense of customers. This…

Iran’s auto parts industry is on the fast track to expand its collaborations with academia to keep its head above water as looming US sanctions coupled with the government’s monetary policies…

Despite a prolonged stagnation in Iran's auto market due to skyrocketing prices which have bewildered buyers and put the brakes on auto deals, local parts makers have signaled another wave of…

Iran’s second largest private carmaker Kerman Motor has launched production of JAC J4 in the southeastern city of Bam.

The company has already started the presale of the model as well.…

Following the introduction of more rigorous automotive standards that have brought the matter of fuel-efficiency to the fore, Iranian authorities have given the axe to several car models which…

In separate interviews, Iran’s deputy judiciary chief and the industries minister have delivered updates on an ongoing case in regard to illicit car imports, with the former announcing that four…

Local automotive company Ramak Khodro, which used to import SsangYong cars into Iran, announced over the weekend that the company has clinched a deal with the South Korean firm to manufacture…

During the first three months of the current fiscal which started on March 20, 336,699 cars and commercial vehicles rolled out of Iranian carmakers’ production lines indicating a 9.4% year-on-…

While SAIPA’s French partner Citroen has suspended its collaborations with the Iranian company, the local carmaker striving not to get marooned in the past has introduced a brand new model along…

Automotive joint ventures between Iranian and subsidiaries of French automotive group PSA, Peugeot and Citroen, have announced that measures have been adopted so as to deliver the cars they…

Judiciary Chief Ayatollah Sadeq Amoli Larijani says they have questioned potential suspects in the case revolving around the alleged illegal release of imported vehicles from the customs…

President Hassan Rouhani has issued a two-week ultimatum to a string of government bodies to crack down on corrupt circles which have brought cars into Iran through illicit means and had the…

Imported auto parts have been languishing in customs warehouses as restrictive regulations have put the brakes on commodities getting clearance for entering the country, leading to a slide in…

Owning a 3.4% share of Iran’s auto market, the country’s second-largest private automotive company Kerman Khodro has acquired the required permits for launching an initial public offering on…