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Iran produces over 1.1M cars in 12 months

Business Materials 19 April 2015 16:54 (UTC +04:00)

Baku, Azerbaijan, Apr.19

By Fatih Karimov - Trend: More than 1.13 million cars were produced in Iran in the past Iranian fiscal year, which ended on March 20.

Sedan cars output stood at 958,335 in the mentioned period, a 53 percent rise year on year, Iran's IRIB reported on April 19.

Iran also produced 150,929 pickup trucks, 20,239 trucks, 482 buses, and 179 minibuses in the 12-month period.

Peugeot Pars was the sedan with the highest production, so that 147,742 Peugeot Pars sedans were produced. Peugeot 405, Peugeot 206, Pride, and Tiba sedans ranked the next with 117,403 sedans, 104,150 sedans, 129,729 sedans, and 85,359 sedans, respectively.

Iran produced 989,110 cars in 2012, which made the country Asia's eighth largest car manufacturer. Iran also stood at the world's 18th place in the mentioned year.

The Islamic Republic's automobile output faced a 40 percent decrease in 2012 due to the sanctions. The country was Asia's fifth largest car manufacturer in 2011, with a total output of 1,648,505.

Western countries suspended certain sanctions against Iran as the Geneva nuclear deal came into force on January 20, 2014. Iran was permitted to import materials for its auto-manufacturing sector as a result of the nuclear deal implementation, which led to a sharp increase in the country's auto output.

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