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Iran’s car output witnesses 40% growth

Business Materials 11 June 2018 11:04 (UTC +04:00)

Baku, Azerbaijan, June 11

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Iran’s car industry registered a production growth by 39.8 percent in the last calendar month (April 20-May 21), according to Iran’s industry ministry's data.

Iranian auto manufacturers produced over 146,307 cars during the one-month period.

Iran manufactured 137,949 passenger cars in the same span of time, 40.2 percent more year-on-year.

Iranian car makers produced 6523 pick-ups in the period, registering a rise by 35.6 percent compared to the same period of the preceding year.

The country’s minibus output witnessed rise by 135.8 percent to 191 vehicles, meanwhile the bus output registered a fall by 10.3 percent, year-on-year.

Iranian auto makers manufactured 96 buses in the second calendar month of the current fiscal year.

Iran’s van output registered no change from the same month of preceding month and stood at 78 vehicles in the period.

Iran’s truck output also increased by 22.3 percent and stood at 1,470 units in the calendar month.

Iran’s auto industry registered a production growth by 31.1 percent in the current fiscal year, started March 20, 2018 and witnessed production of 226,584 cars.

Iranian car manufacturers produced 1.535 million vehicles in last fiscal year, 13.7 percent more year-on-year.

Iran manufactured 1.44 million passenger cars in the 12-month period, which was 14.8 percent more compared to the preceding 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.

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