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Iran’s pickup output on the rise

Business Materials 9 February 2015 14:41 (UTC +04:00)

Baku, Azerbaijan, Feb. 9
By Umid Niayesh - Trend:

Iranian carmakers produced 17,887 pickups in the 10th calendar month of the current Iranian year (Dec. 22, 2014, Jan. 21), 31.5 percent more compared to the same month of the previous year.

The Islamic Republic's giant car maker Iran Khodro produced 8577 pickups in the period, indicating an increase by 23.2 percent year on year, the country's ISNA news agency reported Feb. 9.

Zamyad stood at second place with 2338 pickups. The company's output indicates a fall by 5.2 percent in comparison with the same month of the preceding year.

Bonro Company affiliated to Saipa, the country's second big carmaker, produced 1758 pickups in the period, showing an increase by 103.2 percent.

Saipa itself produced 4452 pickups, 33.7 percent more year on year.

Diar Khodro with 61 (decrease by 50 percent) and Bahman group with 701 pickups (3.6 percent fall) were Iran's other pickup manufacturers in the aforementioned month.
Some 930,449 cars have been produced in Iran in the first ten months of the current Iranian fiscal year (March 21-Dec. 22, 2014), 61.4 percent more year on year.

The Islamic Republic 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.
Iran's automobile output faced a 40 percent decrease in 2012 due to the sanctions. The country was Asia's fifth largest car manufacturer in 2011, with a total output of 1,648,505.
Western countries suspended certain sanctions against Iran as the Geneva nuclear deal came into force on January 20. Iran was permitted to import materials for its auto-manufacturing sector as a result of the nuclear deal implementation, which has led to a sharp increase in the country's auto output in recent months.

Follow the author on Twitter: @UmidNiayesh

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