Sedan cars output in Iran up 58%

Business Materials 16 March 2015 14:06 (UTC +04:00)

Baku, Azerbaijan, Mar. 16

By Fatih Karimov - Trend: Production of passenger cars in Iran rose 58 percent in the first 11 months of the current Iranian fiscal year compared to the same period last year.

During the 11-month period, 881,467 passenger cars were produced in the country, a 58 percent rise year on year, Iran's IRIB reported March 16.

According to the report, 108,191 Peugeot Pars sedans, 96,355 Peugeot 206 sedans, 117,461 Pride sedans, and 78,199 Tiba sedans were produced.

Meanwhile, 92,110 Semand sedans, 24,516 Runna sedans, 4,632 Dena sedans, 15,229 Renault sedans, and 38,528 MVM sedans were produced.

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).

The figure indicates 58.2 percent increase compared to the same period of preceding year.

Iran also produced 139,717 pickup trucks, 18,179 trucks, 442 buses, and 158 minibuses in the 11-month period.

The Islamic Republic'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, 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