Car production to reach 1.5m in a year

March 31, 2017 - 23:25

TEHRAN- Some 1.5 million of cars are planned to be manufactured in Iran by the end of the present Iranian calendar year (March 20, 2018), Iranian Deputy Industry Minister was quoted by Mehr news agency on Friday.

According to Mansour Moazzami, Iran manufactured 1.3 million of cars in the past Iranian calendar year (ended on March 20, 2017) and targets to push the figure up to 1.5 million cars by the end of this year.

Producing more than one million of automobiles in 2016, Iran could rank first among the world countries regarding the growth in its car production, according to the report released by Organisation Internationale des Constructeurs d'Automobiles, commonly abbreviated OICA, (translated in English as the International Organization of Motor Vehicle Manufacturers) in early March 2017.

Iran managed to manufacture 1,164,710 automobiles in the said time, registering an 18.6 percent increase in number compared to the previous year, the report said. The growth percentage puts the country at the top of car manufacturers in 2016.

From the said 1,164,710 manufactured automobiles in Iran, 1,074,000 ones belongs to the cars and 90,710 ones goes to the commercial vehicles.

HJ/MA

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