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Iran’s biggest carmaker sees 8% boom in output

Business Materials 28 June 2017 13:13 (UTC +04:00)

Baku, Azerbaijan, June 28

By Khalid Kazimov – Trend:

Iran Khodro (IKCO), the Islamic Republic’s biggest automaker company, says its output over the first three months of the current fiscal year (ending March 20) has surged by eight percent.

According to its website, IKCO Press, the company produced 144,667 cars in the three-month period, 10,671 vehicles more than same period of time last year.

In the meantime, the company’s sales have increased by 8.5 percent in the mentioned period. According to the report, Iran Khodro sold 125,787 cars between March 20 and 21 June.

Spokesperson of Iran's Automotive Policymaking Council, Amir Hossein Qanati, had earlier said that the country’s car makers in total produced about 233,100 cars between March 20 and June 5.

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