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Iran’s car output on rise

Business Materials 1 February 2016 20:33 (UTC +04:00)

Baku, Azerbaijan, Feb. 1

By Fatih Karimov - Trend:

Iran's car output during the 10-month period from March 2015 increased by 19 percent compared to the same period of the preceding year.

Iranian companies manufactured 741,774 cars in March 21, 2015-Jan. 21, 2016, according to a report from Iran's Industry, Mines and Trade Ministry.

Iranian carmakers produced 646,271 sedan cars, 60,745 pick-ups, 23,855 trucks and 3,556 buses in the 10-month period.

The country's car output during Dec. 22, 2015-Jan. 21, 2016 stood at 99,776 vehicles.

Iranian carmakers produced 90,738 sedans in the one-month period, as well as 8,317 pick-ups, 682 trucks, 18 buses and 21 minibuses.

Over 1.13 million cars were produced in Iran in the last fiscal year that ended on March 21, 2015.

Sedan cars output stood at 958,335 in the mentioned period, a 53-percent rise year-on-year.

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

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

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