tag Iran automakers

No More Comfort Zone for Auto Industry

EghtesadOnline: The Central Bank of Iran (CBI) and the Ministry of Industries have jointly issued a mandate that requires automakers to reduce the interest rate offered on pre-sale contracts.
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Publish Date:30/August/2017 | 14:20

Competition Council Move Scrutinized

EghtesadOnline: Local automakers were recently given the go-ahead by the Competition Council to raise prices and one lawmaker says he would keep an eye on their actions.
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Publish Date:06/August/2017 | 13:46

IKCO, SAIPA Owe $2.4b to Parts Makers

EghtesadOnline: Iran’s largest automakers Iran Khodro and SAIPA owe local parts makers $2.4 billion, according to industry insiders.
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Publish Date:11/July/2017 | 07:41

Iran Automakers Need Logistical Spread

EghtesadOnline: There is an overall “geographical dispersion” in the automotive industry, but the distance between Iranian automakers and parts suppliers raises the question whether the distribution is logical or not, says a recent report by the Ministry of Industries, Mining and Trade.
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Publish Date:10/June/2017 | 24:44

ISQI Seemingly Issues Final Warning to Local Carmakers

EghtesadOnline: Production of vehicles that fail to comply with the 83 automotive standards will be halted by the end of 2018, says the director of Iran Standard and Quality Inspection Company (ISQI).
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Publish Date:27/May/2017 | 06:41

Five Star Ratings Out of Reach for Iranian Car Makers

EghtesadOnline: The quality report for the first month of the current fiscal year (March 21-April 20) has been released with no car reaching the fabled five-star quality rating by the Iran Standards and Quality Inspection Agency.
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Publish Date:16/May/2017 | 09:07

Iran Auto Firms Target 3m Production Target

EghtesadOnline: Automakers are aiming at a production rate of 3 million units over the next eight years, says the investment director of the Industrial Development and Renovation Organization of Iran (IDRO).
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Publish Date:09/May/2017 | 08:29

High Interests Offered by Automakers Criticized

EghtesadOnline: A lawmaker has criticized automakers for offering high interests on their pre-sale contracts, saying that the gaping difference between auto contracts’ interests and banks’ deposit rates has caused problems for the economy and the banking system.
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Publish Date:25/February/2017 | 13:49