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Iran's Minister of Industry, Mines and Trade instructs to increase car production

Business Materials 10 May 2020 11:17 (UTC +04:00)
Iran's Minister of Industry, Mines and Trade instructs to increase car production

BAKU, Azerbaijan, May 10

By Elnur Baghishov - Trend

Car production in Iran should increase by 300,000 units in the current Iranian year (starting from March 20, 2020), the Iranian Minister of Industry, Mine and Trade Reza Rahmani said, Trend reports citing the ministry.

According to Rahmani, Iran produces 900,000 cars a year.

Rahmani added that given the growing demand, car production should reach 1.2 million units this year.

The minister said that necessary steps must be taken to prevent the rise in car prices in Iran.

"Iran's Ministry of Industry, Mines and Trade has put on the agenda the creation of a new car company to fill the gap between production and demand," he said.

Rahmani said that in addition, the activity of the carmaker, which was suspended, will be resumed.

Recently, due to the growing demand in the Iranian car market, car prices have risen.

Currently, the prices of some cars produced in Iran are shown in the table below. The table shows the prices at the official exchange rate of Iran ($1 - 42,000 rials).

Car model

Price

Samand LX

$26,000 -$31,000

Peugeot GLX 405

$25,000 -$27,000

Peugeot Pars

$32,000 -$36,000

Peugeot 206 Type 2

$28,000 -$32,000

Peugeot 206 Type 5

$35,000 -$48,000

Renault Tondar Plus

$57,000 -$65,000

Dena Plus Turbo

$51,000 -$54,000

Dena (Type 1)

$39,000 -$42,000

Peugeot 206

$35,000 -$36,000

Runna LX

$25,000 -$28,000

Saipa 111

$16,000 -$19,000

Saipa 131

$16,000 -$18,000

Kia Cerato 2000

$107,000 -$108,000

Saina

$20,000 -$22,000

Tiba 2

$20,000 -$22,000

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