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Iran Car Importers Demand Deregulation

EghtesadOnline: The head of Iran Auto Importers Association, Farhad Ehteshamzad, is of the opinion that cumbersome regulations related to the auto import sector are unwarranted leaning on imprudence, and therefore need to be redefined sooner rather than later.
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Publish Date:25/June/2017 | 10:42

Iran Auto Market: IKCO Reports Higher Production

EghtesadOnline: The biggest auto group Iran Khodro has reported an increase in its market share by 1.2% year-on-year during the first month of the current fiscal (started March 20).
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Publish Date:03/June/2017 | 08:26

False Peugeot News Shakes Iran Auto Stocks

EghtesadOnline: Uncorroborated reports circulating on social media about "the possible departure of Peugeot from Iran" due to “pressures imposed by the US government on the French firm,” disrupted Tehran’s stock market in recent trading.
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Publish Date:28/May/2017 | 08:19

Iran Auto motive Production Up 20% y/y

EghtesadOnline; Automotive industry output has seen a 20.1% year-on-year jump in the first month of the current fiscal year (started March 21).
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Publish Date:14/May/2017 | 10:47

Pininfarina, Iran Khodro Design Deal Signed

EghtesadOnline: Italy's Pininfarina automotive design house has signed a €70 million commercial agreement with Iran Khodro Group for the development of a technological automotive platform on May 9.
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Publish Date:10/May/2017 | 05:52

Iran rolls out new generation of national cars

EghtesadOnline: Iran has started the mass production of an upgraded version of its Dena class of national cars which is already seen by the media as a revolutionary product by the country’s leading automaker Iran Khodro Industrial Group (IKCO).
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Publish Date:03/May/2017 | 14:45

VW Working on Gas-Powered Vehicles for Iran

EghtesadOnline: German car maker Volkswagen (VW) is reportedly pursuing plans to manufacture vehicles in Iran that will be optimized to run on compressed natural gas (CNG).
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Publish Date:29/April/2017 | 11:27

SAIC Ponders Iran as Middle East Hub

EghtesadOnline: On the sidelines of the Shanghai Motor Show on April 21, the director of MG Pars, Lin Yong, told a press conference he expects Iran to become a regional hub for the production of SAIC’s MG vehicles and that 30% of the cars would be shipped to the neighboring countries.
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Publish Date:23/April/2017 | 08:03

Iran Standards Co. Releases Quality Report

EghtesadOnline: Iran Standards and Quality Inspection Company (ISQI) has released data on the quality of locally-made and assembled cars during the last month of the last fiscal (ended March 20).
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Publish Date:22/April/2017 | 08:19

Jaguar Land Rover Makes Foray Into Iran

EghtesadOnline: Six months after rumors circulated on the possible entry of Indian-owned British-built Jaguar Land Rover to Iran, the company has confirmed it is coming with more than half a dozen new SUVs and sedans.
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Publish Date:16/April/2017 | 06:31

Iran Gov't Declares 11-Month Auto Earnings

EghtesadOnline: The Central Bank Iran has released data on the government’s income from taxes in the automotive sector for the 11-month period ending February 20.
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Publish Date:13/April/2017 | 09:17

Hyundai, Kerman Motor sign deal to produce Elantra in Iran

EghtesadOnline: Director of South Korea's Hyundai Motors for Middle East and Africa office Mike Song, signed a production agreement with Iran's Kerman Motors to start production of the Elantra model in Iran, Financial Tribune reported.
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Publish Date:14/March/2017 | 15:33

Iran's Auto Output Growth in Top OICA Ranking

EghtesadOnline: The International Organization of Motor Vehicle Manufacturers (OICA) says Iran’s auto industry had the largest growth rate internationally during 2016.
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Publish Date:12/March/2017 | 14:53

VW's Seat considers selling cars in Iran - CEO

EghtesadOnline: Volkswagen's Spanish subsidiary Seat is considering selling its cars in Iran to broaden its reach beyond the crowded European market, its chief executive said on Tuesday.
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Publish Date:09/March/2017 | 08:30