Iran’s vehicle production hit an all time record high in the calendar year to late March despite a significant reduction in the production of foreign brands under the complete knock down (CKD) arrangement.
Iranian Minister of Industry, Mine, and Trade Reza Fatemi Amin said that Iran and Belarus have signed an agreement for exports of some 45,000 Iranian cars to the country within three years.
European Automobile Manufacturers’ Association (ACEA), in its latest annual report, has ranked Iran as the world’s 11th largest automaker in 2022, IRIB reported.
Iran’s second largest carmaker Saipa has finalized a contract to launch exports to Russia amid efforts by Iranian automotive companies to expand their presence in the Russian car market.
Iran, which ranked 19th among world car manufacturers last year, is expected to rise to the 14th spot by late March, according to a senior industry official.
Iranian tire manufacturers produced 18,420,876 car tires in the first nine months of the current Iranian calendar year (November 22-December 21, 2022), rising two percent from the output in the same period of time in the previous year.
Iran’s largest carmaker the Iran Khodro Company (IKCO) has unveiled a new version of its flagship EF engine as it moves ahead with plans to diversify its models and improve emissions standards of its powertrains.
Iran’s first shipment of imported cars arrived in the country’s southern port of Lengeh last night, according to the spokesman of the Ministry of Industry, Mine and Trade.
Spokesman of Iran’s Ministry of Industry, Mine and Trade said on Tuesday that the ministry has plans to import as many as 200,000 of cars within the next six months.
Economy cars are a priority for imports, but in case costlier cars are imported, they will be subject to the luxury car tax, the Ministry of Industries, Mines and Agriculture has announced.