Some types of car may no longer be produced in Iran

Azerbaijan, Baku, Oct.21/ Trend F.Karimov/

Iranian carmakers may not produce certain types of cars anymore because the national standards organisation has forced them to install two air bags in the cars, ISNA quoted secretary of the carmakers union Ahmad Nematbakhsh as saying.

However, the carmakers have announced they are not able to meet this obligation due to the fact that international sanctions have made it difficult to import sufficient numbers of air bags.

Iranian industry minister Mohammadreza Nematzadeh has announced the country will produce 900,000 cars in the current Iranian calendar year which began March 21, ISNA reported.

Meanwhile, some experts believe that attaining the goal will be impossible and others say it is dependent on certain conditions.

Iran manufactured 292,000 cars in the first half of the current year. A car industry expert has said the six-month car output reached 800,000 in the year which ended March 2012, whilst there were no internal and external problems.

In the most optimistic case, if all the internal problems including liquidity shortage are resolved, it is hoped that the goal of 900,000 cars per year materialises, the expert said.

Iran exported 5208 sedans during the first six months of the current solar year which indicates a fall of 82.21 per cent compared to the same period of the last solar year, the website of the Islamic Republic of Iran customs administration (IRICA) reported.

The value of the exported cars was around $16 million which is 91.80 per cent less than the same period last year. The average price per car was $3087 which indicates a 45.58 per cent decrease this year.

Iran has exported 2991, 1313 and 301 sedan cars to Germany, Iraq and Azerbaijan respectively during the period.

Iran has imported 22,222 sedan cars worth $464 million during the six month period which indicates an increase of 15.40 and 8.87 per cent respectively in terms of volume and value compared to the first six months of the last solar year. The average price of the imported cars was $20,879 which indicates a 5.66 per cent decrease in price compared to the previous year.

Iran has imported 16,666, 3202 and 924 cars from the UAE, China and South Korea respectively during the period. It produced 989,110 cars in 2012 which made the country Asia's eighth largest car manufacturer.

Iran's automobile output faced a 40 per cent decrease in 2012. The country was Asia's fifth 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 car manufacturers are facing in Iran.

Money transfers from Azerbaijan to Russia down in 2Q2020
Money transfers from Azerbaijan to Russia down in 2Q2020
New residents in Azerbaijan’s Balakhani Industrial Park
New residents in Azerbaijan’s Balakhani Industrial Park
Anglo Asian Mining increases payments to shareholders
Anglo Asian Mining increases payments to shareholders
Loading Bars
Latest
Brazil's COVID-19 death toll nears 139,000
3 policemen, 4 prisoners dead in foiled jailbreak attempt in Egypt
Saudi king stresses continuous efforts to promote global COVID-19 response
Egyptian FM heads to Jordan for quartet Arab-EU meeting on Palestinian cause
Belgium to relax face mask rules
Finland, Norway and Sweden announce wider military cooperation
Singapore to permit more people back to workplace in easing COVID-19 control measures
Money transfers from Azerbaijan to Russia down in 2Q2020
Vaezi: Legal proceedings underway to receive South Korea's debts
Turkmenistan to help Afghanistan complete railway to Tajikistan border
Exports of knitwear from Georgia to Turkey down
Kazakhstan raises chemicals import from Turkey
Mali risks 'economic paralysis' from post-coup embargo: trade group
New residents in Azerbaijan’s Balakhani Industrial Park
Georgia slightly ups import of grain, legumes from Turkey
Iran, Russia seeking to expand scientific cooperation
Italy's goods export to Kazakhstan down twofold
Anglo Asian Mining increases payments to shareholders
Uzbekistan slightly reduces imports of leather goods from Turkey
Chairman of State Duma of Federal Assembly of Russia talks Azerbaijan’s territorial integrity (PHOTO)
Get rewarded with Azercell!
Chairman of Public Organization of Udi people thanks Azerbaijan
Agricultural production up in Azerbaijan’s Nakhchivan
Iran's plan to develop paddy fields fails, farmers demand compensation
Iranian trucks carrying tomatoes stuck at Pakistani border
Saudi Arabia explores wind potential in Uzbekistan
Azerbaijan to purchase COVID-19 vaccine
Iran to develop power cooperation with Afghanistan
Iranian Energy Exchange announces products to be on sale September 26
IranAir to resume flights to Germany after several months
Volume of cargo movement through Azerbaijani ports increases
Iran discloses volume of wheat purchased in Ardabil Province
Energy Community: 2020 - remarkable year in terms of Georgia's ability to continue on its reform path
Iran to announce decisive decisions on combating COVID-19
Kazakhstan taking measures to increase railway border stations capacities
Tesla expects approval for battery cells plant in Berlin
UK Brexit border delays 'likely to worsen' in January
Georgia sees decrease in car re-exports
Import of Turkish clothes by Iran plunges
Iran’s Bahar Azadi gold coin price continues to rise
Parliament speaker: Azerbaijani people to never allow creation of second Armenian state on their territory (PHOTO)
Azerbaijan confirms 173 more COVID-19 recoveries
Oil accounts for major part of exports from Azerbaijan to Croatia, says ministry
Volume of gas consumption in Iran revealed
Austrian OMV oil company to start gas exploration in Georgia
EAEU countries increase export of dairy products to Turkmenistan
Kazakhstan’s Oil Construction Company to buy pipes via tender
All activities for Ionian Adriatic Pipeline postponed: Croatian Ministry
Turkey's clothes export to Uzbekistan slumps
Russia eyes to build nuclear power plant in Uzbekistan
Vladimir Putin: Increase of excess income tax rates is justified step
Extraction plan for Iran's South Pars gas field determined
Azerbaijan, ADB discuss prospects for expanding cooperation (PHOTO)
Iran to begin studies related to Sanandaj-Bashmakh route
Kazakhstan Railways opens tender to buy electric generators
Review of dairy products exported by Georgia to Azerbaijan
Israel's Mobileye, Dubai's Habtoor partner on self-driving cars
Georgia exports first batch of honey to Azerbaijan
Azerbaijan developing vaccination strategy against coronavirus
Auction on placement of Azerbaijani Central Bank's short-term notes held
ADB talks opportunities for financing of projects in Azerbaijan
Kazakhstan's crude oil exports to Netherlands surge in 1H2020
Turkmen company plans to cover domestic demand for viscose thread
Volume of lending in Azerbaijan’s Nakhchivan Autonomous Republic increases
Volume of maritime cargo transshipment from S.Korea via Turkey detailed
Ukrainian International Airlines FlyUIA announces flights to Georgia
Kazakhstan's passenger cars export value to Azerbaijan revealed
Turkmen company for polypropylene production thread revealed export volumes
Turkish BOTAS discloses volume of oil shipment from Ceyhan terminal
Iran declares volume of areas put into operation in agricultural parks
Revenues of Azerbaijani Nakhchivan's mobile communication operators up
Speaker of Azerbaijani Parliament: Armenian PM's statements undermine international efforts for peaceful settlement of Karabakh conflict
Georgia's import of tubes, pipes, hollow profiles from Turkey up
Turkmenistan’s Turkmennebit exceeds volume of oil production
Non-cash payments getting increasingly popular in Azerbaijan
Kazakhstan’s QAZAQ AIR resuming flights on more domestic routes
Foreign trade turnover of Azerbaijan's Nakhchivan grows
Iran imports flu vaccine as possible medicine against COVID-19
Paris Eiffel tower evacuated
World GDP spent on energy to be halved by 2050
RAEX: Structural reforms in public sector of Uzbekistan’s economy to support the economic development
AZAL launches special flights to Ankara and Antalya
Turkey remains main importer of flours, meals, pellets from Georgia
Ways for decarbonizing operations of oil & gas companies
China's import of ready-made clothing from Turkey spikes
Geostat reveals volume of ferroalloys exported by Georgia to Turkey
Construction of Ashgabat-Turkmenabat highway continues
Asian Development Bank expanding support program in Azerbaijan
Oil & gas industry to become world’s carbon waste disposal agent
Number of people infected with coronavirus (COVID-19) in Iran exceeds 430,000
Georgians traveling to Estonia to be obliged to go through 14-day self-isolation
Value of exports from Iran’s Kohgiluyeh and Boyer-Ahmad Province climbs
GDP data of Azerbaijan's Nakhchivan revealed
Georgia reveals volume of fish exported to Azerbaijan
Azerbaijan's State Service on Property Issues to put up several enterprises for auction
Iran reveals details of exports from Yazd Province
Georgia reduces import of medicaments from Turkey
Iran threatens to exit from NPT and JCPOA
Precious metal prices in Azerbaijan down
Iran's Shazand Oil Refining Company opens tender to buy equipment
All news