20% Growth in Vehicle Production

EghtesadOnline: Total vehicle production (including heavy, commercial and passenger cars) amounted to 994,156 units during March 21-Dec. 21, 2022, registering a 20% growth compared with 831,576.

News ID: ۷۵۲۲۵۵

12 February 2023

The total number of vehicles (including heavy, commercial and passenger cars) produced in the 10 months ending Dec. 21, 2022 has grown by 20% compared with the corresponding period of last year, according to the latest data released by the Automotive Industry Office of the Ministry of Industries, Mining and Trade.

Vehicle production amounted to 994,156 units in the first 10 months of the current fiscal year (March 21-Dec. 21, 2022), registering a 20% growth compared with 831,576 in last year’s same period.

A total of 116,826 vehicles were produced in the current fiscal year’s 10th month (Nov. 22-Dec. 21, 2022) to register a 32% growth compared with 88,288 units in the same month of last year, IRIB News reported.

Apart from the production of these vehicles in a 10-month period, 105,796 vehicles were completed and supplied to the market in the 10 months ending Dec. 21. All in all, domestic vehicle delivery grew by 32% during the period compared with last year’s same period.