Iran auto industry
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C3 First Joint Product of SAIPA, Citroen
EghtesadOnline: SAIPA has taken the covers off its joint venture with Citroen, announcing that the first car to roll off the production line will be the Citroen C3 hatchback.
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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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Iran to Develop Automotive Ties With EEU States
EghtesadOnline: Iranian carmakers are set to develop ties with the countries of Eurasian Economic Union, a deputy industries minister said this week.
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Karaj Motor Show Wraps Up
EghtesadOnline: The Fourth Alborz Motor Show was held in Karaj from July 4-7 with many firms vying for buyers of their latest models.
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SAIPA Plans JV in Algeria
EghtesadOnline: Iran’s second largest auto manufacturing company, SAIPA, will start the production of five models in Algeria by the end of the current year, the company’s customer services director…
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Iranian, German carmakers to jointly produce cars
EghtesadOnline: Germany's Volkswagen and Iran’s car manufacturer Mammut Khodro are planning to launch a new joint production line to make cars in the near future.
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Iran’s auto sector to rise GDP share by 70%
EghtesadOnline: The share of Iran’s auto industry in the country’s gross domestic product (GDP) is projected to rise by 70 percent in the current Iranian calendar year 1396 (March 2017-March…
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IKCO to Launch Automatic Peugeot 207i
EghtesadOnline: Iran Khodro Group says it has upgraded its Peugeot 207i and the car will soon enter the market with automatic transmission.
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Utility Cars Suffering From Low Quality
EghtesadOnline: Iran Standards and Quality Inspection Company (ISQI) has released its latest report on the quality of local automakers’ products.
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Iran Auto Industry Recorded Growth in Spring
EghtesadOnline: Iran Vehicle Manufactures Association has released the latest statistics on local auto production which indicates that 306,545 cars, pickup trucks and heavy duty vehicles have…
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Gov’t Car Import Plan Will Create New Monopolies
EghtesadOnline: Allowing import permits to auto manufacturers alone will give them ample space for monopoly to consolidate their position in the auto industry, says head of Iran’s Auto Importers…
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IKCO Reports 8% Growth in Q1
EghtesadOnline: Iran Khodro Group, the largest automaker in the country, says it registered 8% growth y/y in the first quarter of the current fiscal year (March 21- June 21).
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Tall Order for Carmakers
EghtesadOnline: Iran’s Ministry of Industries, Mining and Trade has said it expects local carmakers to boost exports tenfold during the current fiscal that started in March.
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IKCO to Launch Presale of 3 Cars
EghtesadOnline: Iran Khodro CEO Hashem Yekezare says three new vehicles produced by the firm will be available in the market in the next few days.
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Iran JV to Launch Peugeot 508
EghtesadOnline: The joint venture between France's Peugeot and Iran Khodro, IKAP, has announced that the presale of Peugeot 508 will commence in the next few weeks, but failed to give a price.
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Pars Khodro to Deliver C3 Crossover
EghtesadOnline: Pars Khodro, a subsidiary of the second biggest domestic auto producer SAIPA, is set to deliver a new Chinese-derived Brilliance C3 SUV in August, according to local automotive…
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Iran MP Calls for Kia Pride Production Halt
EghtesadOnline: Head of Iran's Majlis (parliament) Industries Commission Aziz Akbarian, has said production of the substandard 25-year-old Kia Pride model should be stopped by before the fiscal…
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Iran Khodro's Peugeot 2008 Presale Expected
EghtesadOnline: Sources familiar with the workings of Iran Khodro Group say the company is about to start presale of the long-awaited Peugeot 2008 crossover model.
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Iran Private Automakers Share 11%
EghtesadOnline: Private carmakers barely account for 11% of the local auto manufacturing industry, local auto production data indicate.
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New Chief at IKD
EghtesadOnline: Heavy goods vehicles producer Iran Khodro Diesel Co (IKD), a subsidiary of IKCO, the biggest auto producer in the country, has appointed Alireza Saji as its new chief executive…
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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…
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Iran Auto Output: All That Clamor for Naught
EghtesadOnline: After local media frenzy over the official launch of the production line of Peugeot 2008 by Iran Khodro, data released by the Ministry of Industries, Mining and Trade indicate…
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Hyundai Models Earn Higher Ranking
EghtesadOnline: Iran Standards and Quality Inspection Company (ISQI) has released the latest report on the quality of 42 locally-made cars and seven pickup trucks.
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Iran Khodro Announces August Delivery for Dena+
EghtesadOnline: The CEO of Iran Khodro, the country's biggest car producer, said Tuesday that the first deliveries of the latest version of the Dena sedan model will be made to customers by mid-August…
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Iran Khodro Production Increase in Tabriz
EghtesadOnline: Iran Khodro has expanded production at its subsidiary plant in the northwestern city of Tabriz. The country’s largest automaker said in a press release that the production rate…
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SAIPA Diesel Seeking Foreign Partnership to Expand Production
EghtesadOnline: A subsidiary of SAIPA which produces heavy and light vehicles is set to expand its market share via deals with foreign firms and offering state-backed financial incentives to…
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Hyundai Motor Company after stronger presence in Iran market: Official
EghtesadOnline: The managing director of Kerman Motor Company said on Sunday that the South Korean Hyundai Motor Group is looking for safeguarding a stronger presence in Iran’s auto market.
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Iran Khodro Diesel Pickup Upgraded
EghtesadOnline: Iran’s largest auto producer Iran Khodro has launched a new version of its Diesel Tunland off-road pickup truck this week with improved technology, according to the IKCO press…
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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…
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Fire at Tabriz Iran Khodro Factory
EghtesadOnline: A fire was reported at the Tabriz factory of Iran Khodro (ICKO) on Sunday afternoon with large plumes of smoke bellowing across the sky, according to several reports.