Production by major automakers exceeds 429,000 in H1

October 2, 2021 - 10:33

TEHRAN - Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 429,414 vehicles during the first half of the current Iranian calendar year (March 21-Septemebr 22), the data released by Codal website showed.

According to the data, the production by the mentioned companies has risen just 0.837 percent compared to the previous year’s same six months in which the output stood at 425,695.

During the said six months, IKCO manufactured 205,934 vehicles, which was 2.7 percent less than the output in the first half of the previous year.

During this period, this industrial group was able to produce 135,587 vehicles in the Peugeot group, 25,738 vehicles in the Samand group, 25,626 Dena vehicles, 14,130 Rana vehicles, 2,689 Haima vehicles, and 2,061 Tara vehicles.

SAIPA manufactured 165,463 vehicles in the mentioned period. Production by this automaker rose 0.53 percent in comparison to the previous year’s same time span.

Pars Khodro also manufactured 58,017 vehicles in the period under review, 17.3 percent more than the output in the first half of the past year.

Last month, new Industry, Mining and Trade Minister Seyyed Reza Fatemi Amin said that his ministry has a two-year plan for the auto industry based on which this industry will undergo serious changes and improve significantly.

“We must strengthen competition, improve management and economic mechanisms, and increase production in the auto industry in order to succeed in our plans,” Fatemi Amin said.

"Our plan is to produce 1.6 million vehicles next year (begins in March 2022), which will increase to three million units in [the Iranian calendar year] 1404 (begins in March 2025), and 30 percent of the production, equivalent to about one million units, should be sent to export markets," he added.

Iran’s major carmakers had manufactured 900,714 vehicles in the previous year (ended on March 20), which was 4.3 percent more than the figure of its preceding year.

According to Codal data, during the past year, IKCO manufactured 480,338 vehicles, which was 21.9 percent more than the output in its preceding year, which was 393,812 vehicles.

SAIPA manufactured 317,321 vehicles, with a 12.6-percent fall from 363,379 vehicles manufactured in 1398. And Pars Khodro manufactured 103,055 vehicles in the past year, showing a 2.8-percent drop from the output of its previous year, which was 106,072 vehicles.

Iranian Industry, Mining, and Trade Ministry’s programs for the current Iranian calendar year show that the manufacturing of 1.2 million cars has been put on the agenda.

According to the Industry Ministry data, since Iranian automakers had produced 984,200 such vehicles in the previous calendar year, the country’s car output is planned to increase by over 21.9 percent in the current year.

MA/MA

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