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Iran observes growth in local passenger car manufacturing

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BAKU, Azerbaijan, November 7. Iran’s local
passenger car manufacturing elevated by 18.5 % in the primary
seven months of the present Iranian yr (March 21 via October
22, 2023), in comparison with the identical interval final yr, Trend reviews.

Data from Iranian Ministry of Industry, Mine, and Trade reveals
{that a} whole of 646,486 passenger automobiles had been manufactured in Iran
throughout seven months.

In the corresponding interval earlier yr (March 21 via
October 22, 2022), Iran’s passenger car manufacturing stood at
545,536 models.

Over the seventh month alone (September 23 via October 22,
2023), 100,950 passenger automobiles had been manufactured throughout the nation,
representing a 13.5-percent improve in comparison with 88,919 models in
the identical month final Iranian yr.

There are three big car manufacturing firms – Iran Khodro,
Saipa, and Pars Khodr – working in Iran. By implementing numerous
initiatives, Iran intends to extend manufacturing in the auto
trade.

Meanwhile, 762,567 numerous automobiles (together with passenger automobiles,
pick-up vehicles, buses and minibuses, vans, vehicles, trailers, and so
on) had been produced in Iran in 7 months. This is a rise of 21.7
% in comparison with the identical interval final yr.

In whole, 1.18 million passenger automobiles had been manufactured in the
nation for the final Iranian yr (March 21, 2022, via March
20, 2023), which is a rise of 35 % in comparison with 874,000
models in the previous yr (March 21, 2021, via March 20,
2022).

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