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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

Iran joins Renault, Peugeot supply chain

EghtesadOnline: Iran's RISECO and MECAPLAST of France signed a joint venture in a situation that 30-percent exports condition will be implemented for a spare part contract.
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Publish Date:25/February/2017 | 05:37

Iranian Firm to Import, Produce Turkish Coaches, Buses

EghtesadOnline: An independent local automotive firm Carmania Arvand has signed a collaboration deal with the Turkish bus manufacturer TEMSA (Termomekanik Sanayi ve Ticaret A.S).
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Publish Date:21/February/2017 | 15:16

2 New Peugeots to Be Unveiled in Iran

EghtesadOnline: Iran’s auto market will receive two new imported Peugeots by August. One of models to make it to the expanding car market is the large 3008 SUV.
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Publish Date:21/February/2017 | 15:15

Russia Carmaker Seeking Iran Entry

EghtesadOnline: During the Tehran Auto Show that was held last week several manufacturers showed their latest models to the large number of visitors wanting to offload their locally-produced Peugeots and Prides.
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Publish Date:21/February/2017 | 15:13

Importers Recall US-Made Cars

EghtesadOnline: Iranian importers who sold American made and assembled vehicles have called on the owners to return the vehicles to the authorities.
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Publish Date:19/February/2017 | 15:01

Peugeot Buying Opel is Good for Iran

EghtesadOnline: PSA Group’s announcement this week that they are looking to purchase the Opel/Vauxhall brands from General Motors is hardly surprising to many who know the European car market and its flagging sales pattern. But for the Iranian market, which still has limited exposure to European brands, it could mean an entirely new firm entering with force.
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Publish Date:19/February/2017 | 14:59

France’s Citroen to make investment in Kashan

EghtesadOnline: A Iranian official said in this central province on Saturday that the giant French automotive Peugeot Citroen is going to make investment in Kashan in auto industry.
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Publish Date:18/February/2017 | 13:16

Citroen Eyes 30% Share of Iran's Market

EghtesadOnline: Chief executives of PSA Group’s Citroen and SAIPA held a joint press conference at the weekend during which the French director said that Citroen is aiming to claim a 30% share of Iran’s auto market by 2021.
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Publish Date:14/February/2017 | 14:37

Peugeot, Citroen Will Uphold Localization Segment in Iran

EghtesadOnline: The fourth edition of Iran Auto motive Industry International Conference was held February 12-13 in Tehran at the iconic Milad Tower Conference Hall. On the sidelines in a panel discussion, the CEO’s of Peugeot and Citroen expressed their views on their future plans in the country.
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Publish Date:14/February/2017 | 14:35

No End in Sight for 2 Notorious Models

EghtesadOnline: There are no cars that could replace SAIPA’s Pride or Iran Khodro’s Peugeot 405, says a deputy at the Iran Standard and Quality Inspection Company (ISQI).
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Publish Date:13/February/2017 | 13:41

Iran car makers turn sanctions into chances

EghtesadOnline: An industry official says that the Iranian car manufacturers did turn the threats posed by sanctions into the opportunities.
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Publish Date:12/February/2017 | 09:55

Cars Shipped Through Southern Iran Up 85%

EghtesadOnline: Since the start of the fiscal year last March, the number of vehicles shipped to and from Shahid Bahonar Port more than doubled compared to the previous year.
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Publish Date:11/February/2017 | 10:44

Iran Standards Co. Reports on Car Quality

EghtesadOnline: Iran Standards and Quality Inspection Company (ISQI) has released data on the quality of locally-made cars during the Iranian month of Dey (Dec. 21 to Jan. 19).
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Publish Date:07/February/2017 | 15:24

Zamyad Unveils 3 IVECO Trucks

EghtesadOnline: The industrial vehicle manufacturer Zamyad has revealed three trucks for the local market to buyers and government officials.
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Publish Date:05/February/2017 | 13:31

Auto Show in Gorgan

EghtesadOnline: The Seventh Golestan Auto Show opened on January 31 in the northeastern region’s capital city Gorgan, according to local automotive press.
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Publish Date:04/February/2017 | 09:54

Irtoya Anxious About New Import Regulations

EghtesadOnline: At a press conference called by Irtoya on January 30 in Tehran, company officials voiced concern over the future of auto imports.
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Publish Date:04/February/2017 | 09:53