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Iran Khodro Industrial Group expands its manufacturing

Business Materials 5 September 2020 20:39 (UTC +04:00)
Iran Khodro Industrial Group expands its manufacturing

BAKU, Azerbaijan, September 5

By Elnur Bagishov – Trend:

The manufacturing of passenger cars by the Iran Khodro Automaker Company increased by 39 percent during the first 5 months of the current Iranian year (March 20-August 21, 2020) compared to the same period last Iranian year, Trend reports citing the Iran Khodro Industrial Group’s official website.

According to the report, Iran Khodro has manufactured 188,223 passenger cars over five months.

Iran Khodro Automaker Company has increased its market share by 7 percent compared to the same period last Iranian year, the report said.

"At present, the company owns 54 percent of passenger car manufacturing in Iran," the report added.

According to the report, also, the manufacturing of heavy trucks at Iran Khodro Automaker Company increased by 171 percent compared to the same period last Iranian year.

"In addition, Iran Khodro has manufactured a total of 192,000 various automobiles within five months," the report noted.

Iran Khodro Automaker Company manufactured about 32,000 automobiles in the 5th month of the current Iranian year (July 22-August 21). This is an increase of 84 percent compared to the same month last Iranian year, according to the report.

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