Iran Auto Industry

An expert reviewed the Industries, Mining and Trade Ministry’s document on the domestic automotive industry’s reform strategies and said a lack of a clear executive plan is its main flaw.

The policy of domestic car manufacturers changed this year from increasing turnover to completing cars with parts deficit, Saeed Madani, the former CEO of SAIPA, said.  Automakers managed…

The number of total vehicles (including heavy, commercial and passenger cars) produced in the five months ending Aug. 22 has increased by 10% compared with the same period of last year, the head…

SAIPA unveiled its electric vehicle in the Automobile Industry Transformation Exhibition. The exhibition, held at Tehran’s International Fairground on Aug. 25-28, was an opportunity for…

For the first time in recent years, SAIPA Citroen Company cleared its parking lot of all incomplete cars in the first four months of the current fiscal year (March 21-July 22). A total of 15,…

SAIPA plans to unveil two engines in the current fiscal year (started March 21) in cooperation with Mega Motor Company, according to the CEO of SAIPA Group.

Iran Khodro Company’s (IKCO) parking lots will be cleared of incomplete cars in the coming days, according to Iran Khodro’s vice president for development and production. "Incomplete cars at…

China has emerged as the world’s largest carmaker thanks to clearly defined strategies and goals, access to high-tech, deserving incentives, admirable management, informed decisions and the…

The incomplete cars of Iran Khodro Company have declined by 80% on Aug. 5 compared with the same day of last year, according to IKCO’s deputy for comprehensive production system. 

Venezuela’s Transportation Minister Ramón Velásquez said his country will buy 10,000 completely knocked down (CKD) and completely built up (CBU) vehicles from SAIPA Automotive Group.

Domestic production is one of the best options from among the three considered by the Ministry of Industries, Mining and Trade for supplying economy cars, according to a faculty member at Iran…

Iran Khodro Industrial Group has invited domestic and foreign investors to participate in the bid for purchasing its state-owned and intragroup shares. According to this call, Samand Investment…

Manufacturing waste generated by Iran Khodro Company’s (IKCO) car production lines, including body production, paint and assembly halls, has reduced by 60% in the first quarter of the current…

With the production of 174,695 cars from the beginning of the current fiscal year (March 21) to July 11, the CEO of Iran Khodro Company (IKCO) announced a 53% increase in the production of…

Domestic automakers are experiencing losses due to command pricing and supply-demand problems, according to an automotive expert.

The daily production of Iran Khodro Company (IKCO) exceeded 3,000 vehicles in the third month of the current fiscal year (May 22-June 21). IKCO’s monthly production stood at 60,783 units during…

If the prices of imported cars are lower than those of Iranian cars, the domestic car and component industries will face problems, according to a member of the board of directors of the…

Iran Khodro Company (IKCO) has announced a 54% growth in production from the beginning of the current fiscal year (March 21) until June 16. In terms of the production of cars deficient in parts…

The Industries Ministry in a statement explained why it halted the sale of cars at the Iran Mercantile Exchange.   The ministry last week announced that selling autos via the IME was…

The production of light vehicles by Iran Khodro Company (IKCO) and SAIPA Automotive Group has increased by 236% from the beginning of the current fiscal year (March 21), until June 8, compared…

Iran Khodro Powertrain Company (IPCO) has completed the design of the first three-cylinder engine that will begin mass production by the end of the current Iranian year (March 20, 2023).…

The daily and weekly domestic production records were broken by SAIPA Automotive Group in the third fiscal month (started May 22), according to the latest statistics reported by the company.…

The Institute of Standards and Industrial Research of Iran has notified automakers that they need to implement nine suspended standards within the next three months. In view of the obstacles…

The condition of car component makers is worse than it was last year, a member of the Association of Homogeneous Propulsion Industries and Component Manufacturers said. 

Minister of Industries, Mining and Trade Reza Fatemi-Amin said the privatization of SAIPA and Iran Khodro (IKCO) are in the final stage.