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Korea’s Hyundai gains lion share of Iran’s car imports market

Business Materials 15 November 2014 21:30 (UTC +04:00)

Tehran, Iran, Nov. 15

By Milad Fashtami - Trend:

Iran totally imported 51,967 cars in the first half of the current Iranian calendar year (March 21 - September 22).

Hyundai with 24,991 cars was the main exporter of cars to Iran in the mentioned period, Peykhabar News Website reported on Nov. 15.

Kia Motors with 9,339 cars, Geely with 5,783 cars, Toyota with 4,528 cars, and Renault with 1,086 cars were the other main exporters of automobiles to Iran.

Iran's total car output has been increased significantly in the current calendar year, which started on March 21.

Some 625,540 cars have been produced in Iran in the first seven months of the current calendar year, which stated on March 21.

The figure shows 71.4 percent increase compared to the same period of time previous year.

Sedan cars output stood at 530,313 in the mentioned period, some 70.8 percent more than previous year.

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 in the mentioned year.

China, Japan, South Korea, India, Thailand, Turkey, and Indonesia were Asia's seven largest car manufacturers.

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