Car output up 15.2% in 3 months yr/yr

July 4, 2017 - 9:56

TEHRAN- Iranian carmakers manufactured 306,545 vehicles in the first quarter of the current Iranian calendar year (March 21-June 21), with 15.2 percent rise compared to the same period of time in the previous year, IRIB reported on Monday.

Iran manufactured 1.3 million cars in the past 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, Mehr news agency reported in early April, quoting Deputy Industry Minister Mansour Moazzami.

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.


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