Iran’s monthly pickup output decreases by 23%

Business Materials 10 March 2015 17:04 (UTC +04:00)

Baku, Azerbaijan, Mar. 10

By Umid Niayesh - Trend:

Iranian carmakers produced 14,537 pickups in the 11th calendar month of the current Iranian fiscal year (Jan. 21-Feb. 20), 21.9 percent more than the same month of the previous year.

However, the figure indicates a fall by 23 percent compared to the preceding month, Iran's ISNA news agency reported March 10.

The Islamic Republic's giant automaker Iran Khodro manufactured 9433 pickups in the period, indicating a 26.2 percent increase year on year.

Saipa stood in second place with 4333 pickups. The company's output indicates a 9.2 percent rise in comparison with the same month of the preceding year.

Zamyad stood at next place with 2593 pickups, 2.5 percent more compared to Jan. 21-Feb. 20, 2014.

Diar Khodro with 89 (increase by 270.8 percent) and Bahman group with 718 pickups (49 percent rise) were Iran's other pickup manufacturers in the aforementioned month (Jan. 21-Feb. 20).

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.

Edited by CN

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