Car output up 21% in 5 months yr/yr

August 23, 2020 - 12:25

TEHRAN- Car manufacturing in Iran rose 21 percent during the first five months of the current Iranian calendar year (March 20-August 21), compared to the same period of time in the past year, IRIB reported based on the data released by the Ministry of Industry, Mining, and Trade.

As reported, 360,599 vehicles have been manufactured during the five-month period of this year, while the figure was 298,307 in the same time span of the previous year.

Car manufacturing in Iran had also risen 20.3 percent during the first four months of the present year (March 20-July 21).

Iranian carmakers manufactured 323,663 vehicles during the four-month period of this year, while the figure was 268,966 in the same time span of the past year.

As previously reported, the carmakers have manufactured 203,146 vehicles during the first quarter of the current year (March 20-June 20).

Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 863,263 vehicles during the past Iranian calendar year (ended on March 19).

During the previous year, IKCO manufactured 393,812 vehicles, of which 35,953 were produced in the last month Esfand (February 20-March 19).

Production by SAIPA stood at 363,379, of which 23,696 vehicles were manufactured during the last month.

Pars Khodro manufactured 106,072 cars during the past year. Production in Esfand reached 9,300 vehicles.

Iran has been following a program for supporting domestic manufacturing of auto parts since due to the U.S. sanctions the country’s automakers have been facing some problems in supplying their needed parts and equipment.


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