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Iran’s car output increases slightly

Business Materials 6 September 2016 19:10 (UTC +04:00)

Baku, Azerbaijan, Sept. 6

By Fatih Karimov – Trend:

Some 483,200 cars were produced in Iran in the first five months of the current Iranian fiscal year (March 20-Aug. 21).

The figure indicates a slight rise – by 5 percent – as compared to the same months of the preceding year, Iran’s Ministry of Industry, Mine and Trade reported Sept. 6.

The Iranian car manufacturers produced 85,324 cars during the fifth calendar month (July 20-Aug. 20), while the figure was 102,502 in the preceding month.

The country’s sedan output reached 70,168 in the one-month period. Also 11,985 pickups, 208 minibuses, 67 buses and 1,889 trucks were produced in Iran in the fifth Iranian calendar month.

Iran’s car output reached 982,337 units in 2015, according to the International Organization of Motor Vehicle Manufacturers (OICA). The figure indicated a 9.9-percent fall year-on-year.

Iran was the world’s 20th biggest car manufacturer by end of 2015, while the country stood at the 18th place in the first half of 2015.

The Islamic Republic manufactured 884,866 sedans and 97,471 commercial vehicles in 2015.

The 2014 production statistics by the OICA indicates that Iran’s car production increased by 46.7 percent and stood at 1.1 million cars.

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