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Iran’s car output increases by 22%

Business Materials 5 September 2017 14:15 (UTC +04:00)

Baku, Azerbaijan, Sept. 5

By Fatih Karimov – Trend:

Over 143,644 cars were produced in Iran during the last Iranian month (July 21-Aug. 21).

The figure indicates a rise by 22.2 percent as compared to the same period of the preceding year, ISNA news agency reported Sept. 5.

Passenger cars (including sedans and SUVs) accounted for 135,262 of the output with a production growth rate of 24.6 percent.

Iranian car makers also produced 6,787 pick-ups in the one-month period, registering a fall by 10.7 percent year-on-year.

The country’s minibus and van output stood at 82 and 57 vehicles.

While minibus production registered a fall by 1.2 percent, Iran’s van output increased by 418 percent.

Iran’s monthly bus and truck output also stood at 157 (a 196 percent increase) and 1,299 (a 7.2 percent increase), respectively.

Over 1.350 million cars were produced in Iran in the last Iranian fiscal year (ended March 20, 2017).

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 compared to the preceding year.

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