Iran sedan car output rises by 70 percent
Tehran, Iran, May 7
By Milad Fashtami - Trend:
Iran produced 34,923 sedan cars in the first calendar month of the current Iranian calendar year.
The figure shows some 69.2 percent increase compared to the same period of the previous year, Iran's ISNA News Agency reported on May 7.
Iran Khodro (with 15,574 cars), SAIPA (with 15,547 cars), and Kerman Motor (with 2,435 cars) were the main manufacturers in the mentioned period.
Iran produced 989,110 cars in 2012, which made it Asia's eighth largest car manufacturer.
Iran stood 18th place worldwide.
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.