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Iran's monthly car output falls by 14.1 per cent

Business Materials 8 December 2013 11:28 (UTC +04:00)

Baku, Azerbaijan, Dec. 8
By Rahim Zamanov - Trend:

Iran produced 60,465 cars in the eight calendar month of the current Iranian calendar year, which started on March 21, the ISNA News Agency reported on December 8.

The figure shows a 14.1 per cent decrease compared to the same month of the previous year.

Some 50,689 sedan cars, 9,219 pickup trucks, 539 trucks, and 14 buses were produced in the country in the mentioned month.

Iran's total car output in the first eight months of the current Iranian calendar year, which started on March 21, also faced a 29.6 per cent decrease compared to the same period of the previous year.

Iran produced 425,253 cars in the mentioned period, the Tasnim News Agency reported on December 4.

Some 361,097 sedan cars, 59,211 pickup trucks, 4,672 trucks, 219 buses, and 54 minbuses were produced in the country in the mentioned period.

The country imported 36,212 cars in the first eight months of the current Iranian calendar year, which started on March 21.

The figure shows a 32 per cent increase compared to the same period of the previous year, the Fars News Agency reported on December 1.

The value of the imported cars was around 18.4 trillion rials (some $613.3 million based on the price of USD at the free market).

Only in the eighth calendar month 5,672 cars worth some $127.542 million were exported.

The amounts show 36 and 25.93 per cent increase in terms of number and value compared to the same month of the previous year.

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.

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

Iran's automobile output faced a 40 per cent 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 in the previous year.

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