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Iran’s truck output falls by 40 per cent

Business Materials 14 January 2014 14:05 (UTC +04:00)

Baku, Azerbaijan, Jan. 14
By Rahim Zamanov - Trend:

Iran produced 511 trucks in the ninth calendar month of the current Iranian calendar year (November 23 - December 22), the ISNA News Agency reported on January 14.

The figure shows a 39.7 percent decrease compared to the same month of the previous year.

Iran Khodro Diesel with 211, Bahman group with 209, Saipa Diesei with 80 and Aras Khordro with two trucks, were Iran's truck manufacturers in the aforementioned month.

Iran produced 502,273 cars in the first three quarters of the current Iranian calendar year which began on March 21, the ISNA News Agency reported on January 4.

Some 426,674 sedan cars, 70,069 pickup trucks, 5213 trucks, 253 buses and 64 minibuses were produced in the country in the same period.

Iran produced 76,916 cars in the ninth calendar month of the current Iranian calendar year (November 23 - December 22).

Iran exported 4824 sedans during the first nine months of the current solar year (starting on March 21) which indicates an 88.97 percent decrease compared to the same period of last year.

The value of the exported cars was around $33 million which is 87.24 percent less than the same period last year, according to the Iranian Custom Administration's latest monthly report released on Dec. 28. The average car price was $6794, which indicates a 15.72 percent increase this year.

Iran has exported 2542, 1147 and 612 sedan cars to Iraq, Azerbaijan and Egypt respectively during the period.

Iran also imported 44,647 sedan cars worth $ 924 million in the same period which indicates an increase of 49.24 and 31.35 percent respectively in terms of volume and value compared to the first nine months of last year. The average price of imported cars was $20,704 which shows an 11.99 percent decrease in price compared to last year.

Iran has imported 33,899 cars from the UAE, 7099 cars from China and 1529 cars from Kuwait during the 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.

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 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 car manufacturers are facing.

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

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