Iran’s car output increases by 20%
Baku, Azerbaijan, May 14
By Fatih Karimov – Trend:
Over 68,074 cars were produced in Iran in the last Iranian calendar month (March 20-April 20, 2017).
The figure indicates a rise by 20 percent as compared to the same period of preceding year, the Iranian Industry, Mine and Trade Ministry’s SHATA news website reported May 14.
Passenger cars (including sedans and SUVs) accounted for 64, 574 of the output with a production growth rate of 23.9 percent.
Iranian car makers also produced 465 trucks in the one-month period, indicating a rise by 6.3 percent year on year.
The country’s bus output increased by 90.9 percent to stand at 63 vehicles.
The Iranian car manufacturers also produced 47 minibuses (a 261.5 percent increase) during the one-month period.
Over 1.350 million cars were produced in Iran in the last Iranian fiscal year (ended March 20).
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 2014 production statistics by the OICA indicates that Iran’s car production increased by 46.7 percent and stood at 1.1 million cars.