|Iran’s 5-month car output rises 73.4%||
TEHRAN - Car manufacturing in Iran grew by 73.4 percent in the first five months of the current Iranian calendar year (March 21-August 22) compared to the same period in the previous year.
Iranian carmakers manufactured 404,010 vehicles in the 5-month period, the Mehr News Agency reported on Sunday.
Car manufacturing in Iran dropped 20.2 percent in the previous Iranian calendar year. Iran manufactured 737,060 cars in the last Iranian year, while the figure was 924,051 in the preceding year.
French carmakers Peugeot and Renault look to be among the clearest beneficiaries of the interim deal that lifts some sanctions on Iran, with both hoping to leap back into the Middle East's biggest auto market, AFP reported in November.
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