EghtesadOnline: Almost half of the cars rolled out by local automotive companies over the past four years do not meet emission standards and cannot receive technical inspection certificates, the CEO of Tehran Vehicle Technical Inspection Bureau says.

EghtesadOnline: Major Iranian automotive companies and 32 parts makers from the private sector signed a $60 million deal on Saturday to curb the auto industry’s reliance on foreign suppliers.

EghtesadOnline: The Iranian government plans to sell off its share in the two major automotive companies : Iran Khodro (IKCO) and SAIPA.

EghtesadOnline: While complaints against local automotive companies over delayed deliveries have piled up at the judiciary, the government has given the green light to these firms to launch new presales, albeit with a condition, a deputy industries minister says.