EghtesadOnline: Automakers are putting measures in place to mitigate the impact of the upcoming sanctions imposed by the truculent US President Donald Trump in the wake of his underhand move to pull the country out of the historic nuclear deal with Iran.

EghtesadOnline: The 4th Iran Automotive Industry International Conference (IAIIC) kicked off on Sunday with participation of 400 foreign companies.

EghtesadOnline: The Fifth Iran Automotive Industry International Conference opened Tuesday at the iconic Milad Tower in north Tehran. Managing directors from French automotive companies PSA Group and Renault were in attendance, the IAIIC website reported.

EghtesadOnline: One of the dire situations the domestic auto industry is facing is the noticeable and increasing presence of low-quality Chinese cars in the market. Industry insiders are of the opinion that the problem is due largely to intransigent and incorrect government policies.

EghtesadOnline: During the first six months of the current fiscal which started in March Iran automotive industries registered a 10% year-on-year increase in sales.