Iran launches production line for new pickup truck

Business Materials 10 March 2015 16:42 (UTC +04:00)

Baku, Azerbaijan, March 10
By Umid Niayesh - Trend:

Iranian giant carmaker Iran Khodro has started manufacturing a new, locally manufactured pickup, "PU1", in the northern city of Tabriz.

The PU1, also called "Arisan" is planed to replace Paykan pickup in Iran's market, which was produced by Iran Khodro in Tabriz and its production was halted on March 10, the country's Mehr news agency reported.

The new truck meets international auto standards including Euro-4.

Earlier Gholamreza Sadeghian, the managing director of Iran Khodro plant in Tabriz said PU1 is derived from the Iranian assembled Peugeot 405 platform, featuring a dual-fuel 1700 cc engine.

Some 1.04 million cars have been produced in Iran in the first eleven months of the current Iranian fiscal year (March 21, 2014-Feb. 20), 58.2 percent more year on year.

Tehran 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. The same year, Iran's car 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, 2014. Iran was permitted to import materials for its auto-manufacturing sector as a result of the nuclear deal implementation, which led to a sharp increase in the country's auto output.

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