Iran’s auto sector witnesses output growth
Baku, Azerbaijan, April 18
By Gazenfer Hamidov – Trend:
Iran’s car industry registered a production growth by 13.7 percent in the last fiscal year, ended March 20, 2018, according to Iran’s industry ministry data.
Iranian auto manufacturers produced over 1.535 million cars during the 12-month period.
The country’s auto output during the last calendar month (Feb. 20-March 20) reached 130,747 vehicles, 4.9 percent more compared to the same month of preceding year.
Iran manufactured 1.44 million passenger cars in last fiscal year, 14.8 percent more year-on-year.
Iranian car makers produced 72,502 pick-ups in the 12-month period, registering a fall by 6.7 percent, year-on-year.
The country’s minibus and van output stood at 1,381 and 964 vehicles. Meanwhile, the minibus production registered a rise by 52.6 percent, Iran’s van output increased by 6.4 percent.
Iran’s annual bus output also stood at 1,782, registering a rise by 53.9 percent compared to the 12-month period of preceding year (1,158 vehicles).
Iranian auto makers also produced 16,593 units of various trucks in the last fiscal year, 8.8 percent more year-on-year.
Over 1.350 million cars were produced in Iran in the Iranian fiscal year to 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.