Azerbaijan, Baku, Aug. 24 / Trend, N. Umid/
Iran has produced some 556 trucks during fourth month (June 22-July 22) of the current solar year, meanwhile the figure in the same month of last year was 2749, which indicates a fall by 79.8 percent, ISNA news agency reported.
According to the report, production has decreased by 100 percent and reached zero, in some auto companies including Aras Khodro Dizel, Rakhsh Khodro Dizel, Karizan Khodro, Rayan Fangostar Dizel and Mamout.
It should be recalled that on July 1 U.S imposed a new round of sanctions against anyone involved in Iran's auto industry and anyone caught using Iran's currency, the rial, for "significant transactions."
Some leader auto production companies including Renault have restricted their activities in Iran.
South Korean companies also officially announced that they will not accept orders from Iran for selling car parts to them.
According to projections, the sanctions will lead to a 40 percent rise in production costs in Iranian car-making companies as Korean suppliers used to provide Iranian companies with 60 percent of their needs.
According to the statistics, about 69 automobile manufacturer units have been closed and 115,000 people lost their jobs in automobile sector of Iran, during the past two years.
Iran's auto sector hopes to neutralize U.S. sanctions effects with Chinese companies' help, while experts argued that, cooperation with Chinese auto production companies is a short term solution and will not be effective in the long term.
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