Iran Auto Industry

Iran’s armed forces are expected to play an increasing role in auto industry by helping curb the impact of US sanctions on the key sector. After the US reimposed sanctions against Iran, foreign…

Iran’s automotive production increased by 17.16% during the 11 months to Feb. 18, compared with the same period of last year. According to data released by Securities and Exchange Organization…

Iranian automotive companies are in the red, owing parts makers 430 trillion rials ($1.72 billion), a member of Iran Auto Parts Makers Association said. Reza Rezaei added that parts…

Iran’s quality watchdog has given five out of five stars for the first time to a sedan made by a leading domestic automaker Iran Khodro. Iran Standards and Quality Inspection Company’s website…

The Central Bank of Iran has allocated 150 trillion rials ($612.24 million) in aid packages and loans to the auto sector to help bolster productivity and localization efforts, the CBI chief said…

Iran’s automotive production increased by 0.9% during the 10 months to Jan. 19, compared with the same period of last year. According to data released by Securities and Exchange Organization on…

Iran’s automotive production increased by 7.3% during the nine months to Dec. 20, 2020, compared with the year-ago period. According to data released by Securities and Exchange Organization on…

Iran Standards and Quality Inspection Company has released a report on the quality of domestically-produced cars surveyed during the Iranian month ending Nov. 20.  ISQI is a private firm…

Major Iranian automaker Iran Khodro (IKCO) has slashed capital flight by $138 million through the localization of vehicle parts in the first eight months of the current Iranian year (…

Iranian carmakers have implemented a double-pronged strategy to curb their reliance on foreign suppliers: expanding ties with local tech firms and academia, as well as collaborating with armed…

Following the reimposition of US sanctions in 2018, almost all foreign automotive partners pulled out of Iran. However, local technology companies gradually stepped in to fill the void. Most…

Iran’s automotive output increased by 16.3% during the eight months to Nov. 20 compared with the year-ago period. According to data released by Securities and Exchange Organization on Codal.ir…

Iran Standards and Quality Inspection Company has released data on the quality of locally-made cars during the Iranian month ending Oct. 21. ISQI is a private firm working on contract with…

Iran’s major automaker SAIPA is implementing 81 projects to localize high-tech auto parts, hoping to curb the sector’s dependency on foreign suppliers.  The projects have been established…

Major local carmaker Iran Khodro (IKCO), in collaboration with Iran Taxi Union, is replacing 40,000 dilapidated taxis with CNG-hybrid vehicles with Euro 4 and Euro 5 standards.

The state-backed automotive tech localization efforts and the strong role of knowledge-based and technology firms in the past several months have boosted the production rate of Iran Khodro (IKCO…

Major Iranian carmaker Iran Khodro Company (IKCO) has curbed capital flight to the tune of €137 million through the localization of 54 auto parts in the first six months of the current Iranian…

Iran’s automotive output increased by 21% during the first five months of the current Iranian year (March 20-Aug. 21) compared to the year-ago period. According to data released by the…

Major Iranian automaker SAIPA has signed an agreement with the Iranian Army’s Air Force, based on which the latter’s technologies will be shared with the carmaker.

Automaker Iran Khodro (IKCO) and Iran Taxi Union are jointly pushing an initiative to replace 50,000 dilapidated taxis with CNG-hybrids by the end of the current Iranian year (March 2021).…

The global electric vehicle race has reached Iran, as the domestic engineering and energy giant, MAPNA Group, and major automaker Iran Khodro Company (IKCO) are gearing up to jointly produce EVs…

Iran’s automotive output increased by 21% during the first five months of the current Iranian year (March 20-August 21) compared to the year-ago period.

Iran’s Industries Ministry plans to invest 40 trillion rials ($173.9 million) in a research and development project aimed at localizing key auto parts, a deputy industries minister said. Mehdi…

Iranian auto industries can reduce capital flight by $2 billion, if the government were to support their localization efforts, secretary of Iranian Auto Parts Manufacturers Association says.

Iran’s auto industry was in a hopeless and failing platform even before Donald Trump imposed tough new economic sanctions in 2018 after getting out of Iran’s historic nuclear agreement.