Iran’s 7-month car imports rise 89%

Baku, Azerbaijan, Nov.5

By Fatih Karimov - Trend: Iran's car imports rose 89 percent in number in the first seven months of the current year, which began on March 21.

The country imported 57,810 cars in the 7-month period, Iran's ISNA news agency reported on November 5.

The value of the imported cars amounted to $1.147 billion.

Each of the imported cars was valued at $16000 on average.

In the seventh Iranian calendar month (September 22-October 22), 6336 cars were imported, a 23 percent decline year on year.

The Iranian car part makers union has proposed a plan to Iran's industry ministry according to which imports of car from countries that imposed sanctions against Iran's car industry will be banned.

Arash Mohebbinejad, the secretary of the Iranian car part makers union, said the plan dubbed "the car import management plan" has envisaged that the importation of cars from countries that imposed sanctions against Iran's car industry will be banned, Iran's ISNA news agency reported on September 30.

Currently, the highest numbers of car are imported from Germany, Japan, and South Korea to Iran. The three countries had joined the U.S-led sanctions against the Iranian car industry.

Mohebbinejad said on April 29 that the Iranian car industry had suffered "partial stroke."

Sanctions against the Iranian car industry were lifted in the wake of an interim nuclear deal that took effect in January.

Edited by CN

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