Industry, Mining and Trade Minister Mohammad Atabak announced on Sunday the unveiling of a new production line for domestically manufactured hybrid vehicles by the end of the current Iranian year in March 2026.
Iran’s tire industry has recorded an eight percent increase in output, a board member of the Tire Industry Association said, while calling for the removal of currency restrictions affecting raw material supplies.
Iran’s automotive sector has recorded a 12% decline in output in the first seven months of the current Iranian calendar year (March 21 – October 22), signaling a slowdown in one of the country’s key industries.
The combined output of Iran’s three largest car manufacturers fell 12% in the first half of the current Iranian year compared to the same period last year, official figures showed.
Major Iranian car manufacturers have reported falls in output for the calendar year to late March as they discontinued models and launched electrification programs.
Iran’s three major automakers produced 896,295 passenger vehicles in the first 11 months of the current Iranian year (March 20, 2024-February 18, 2025), marking a 1.1 percent decline from the same period last year.
Iran’s largest carmaker IKCO has hit a new record in daily production of passenger cars amid plans in the country to increase its annual car production by nearly 30%.
Iranian tire manufacturers produced 131,733 tons (over 12.732 million) of car tires in the first six months of the current Iranian calendar year (March 20-September 21), registering an 11-percent rise from the output in the first half of the previous year.
Based on a report by the Research Center of the Iranian Parliament, the country’s auto output in the calendar month to October 21 has registered a 26.5% growth in comparison to that of the preceding year.
Iran has imported some 25,448 passenger cars in the seven calendar months to October 31, marking a 12-fold year-on-year increase, according to a report by the country’s customs administration (IRICA).