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Iranian automobile output drops

Iran Materials 6 August 2012 18:50 (UTC +04:00)

Azerbaijan, Baku, Aug.6 / Trend F.Milad /

The Iranian automobile output in the first four months of the current calendar year, which began on March 20, fell by 37.4 percent compared to the same period last year, according to the Industry Ministry.

The ISNA News Agency quoted the statistics as saying that the output in the fourth month decreased by 39.9 percent compared to the same month last year.

Iran plans to manufacture at least 3 million cars by 2025 and export some 1 million, the Fars News Agency quoted Industry, Mine and Trade Minister Mehdi Ghazanfari as saying.

He made the remarks on the sidelines of a ceremony to unveil the second all-Iranian car, named Runna, in Tehran on June 16.

"Some 1.6 million cars were manufactured in the past calendar year and 55,000 cars were exported," Ghazanfari said.

Iranian car manufacturers produced 1.648 million cars in 2011, making the country number 13 in the world in terms of production.

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