Iran car output falls by 36.5 per cent

Azerbaijan, Baku, Oct. 4 / Trend, R. Zamanov

Iran produced 291,638 cars in the first six months of the current Iranian calendar year, which started on March 21, the ISNA News Agency reported.

The figure shows a 36.5 per cent decrease compared to first half of the previous year.

Some 247,315 sedans, 40,629 pickup trucks, 3,485 trucks, 184 buses, and 25 minibuses were produced in the country in the mentioned period.

Iran exported 1,456 cars in the first five months of the current Iranian calendar year. The figure shows a 94.34 percent decrease compared to the same period of times previous year, the Mehr News Agency reported.

The value of exported cars was around 11 million dollars which is 92.12 per cent less than the same time span last year.

The average price of the exported cars was 7,845 dollars.

This means Iranian cars are 40 per cent more expensive this year.

Iraq which imported 894 cars was the main destination for Iranian cars. The Arab country accounted for 58.31 per cent of Tehran's total car exports.

Azerbaijan and Ukraine with 15.11 and 10.99 per cent were the other two major importers of Iranian cars.

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, the ISNA News Agency reported.

China, Japan, South Korea, India, Thailand, Turkey, and Indonesia were Asia's seven largest car manufacturers.

Iran's automobile output faced a 40 percent decrease in 2012. The country was Asia's 5th largest car manufacturer in 2011, with a total output of 1,648,505.

Increasing prices of raw materials and foreign currencies are the main problems that the car manufacturers are facing with.

The world's total car production stood at 84,141,209 cars in 2012, which is 5.3 per cent more than its preceding year.

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