Iran car output up by 80 percent
Tehran, Iran, July 2
By Milad Fashtami - Trend:
Some 223,023 cars have been produced in Iran in the first quarter of the current calendar year (March 21 - June 20).
The figure shows a 79.8 percent increase compared to the same period of time last year, Iran's TASNIM News Agency reported on July 2.
Sedan cars accounted for 189,849 percent of the mentioned amount, some 78.5 percent more than the previous year.
Iran also produced 30,986 pickup trucks, 2,089 trucks, 40 buses, and 14 minibuses in the mentioned 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 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