Iran auto industry
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Pinched by Sanctions, Iran's Auto Industry Taps Into Academia’s Capabilities
EghtesadOnline: Iran’s auto parts industry is on the fast track to expand its collaborations with academia to keep its head above water as looming US sanctions coupled with the government’s monetary…
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Iran Auto Industry Runs Out of Steam After Strong Takeoff - Q1 2018
EghtesadOnline: During the first three months of the current fiscal which started on March 20, 336,699 cars and commercial vehicles rolled out of Iranian carmakers’ production lines indicating…
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Auto Industry Explores Ways to Address Upcoming US Sanctions
EghtesadOnline: Key players in the Iranian auto industry are pooling all their resources to address the tumultuous state of the industry and the car market in recent months and work out strategies…
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Iran Auto Industry’s Overview
EghtesadOnline: Iran’s Industries Ministry has released its monthly automotive statistical report covering local manufacturers’ output during the first Iranian month, which ended on April 20.
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Iran Auto Industry Under Fire Over Soaring Car Prices
EghtesadOnline: The auto industry faces scrutiny on multiple fronts as car prices spike in Iran, with the bullish market observing a 10% price increase only in recent weeks.
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SAIPA Devising Strategy to Counter Headwinds
EghtesadOnline: Second largest automaker in the country SAIPA says they have an action plan in place in the event of probable headaches coming in the way of Iran’s auto industry.
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Iran Auto Industry in Disarray
EghtesadOnline: The automotive market is mired in a state of limbo as evidenced by a stagnant market fanned by volatile foreign currency exchange rates and instances of up to 20% hikes in car…
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Truck Fleet Renewal to Fast-Track Iran-Sweden Banking Relations
EghtesadOnline: Iran is yet to fully regain its status in the global banking industry following the implementation of the 2015 nuclear deal that provided sanctions relief, and in case of Sweden,…
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French Stakeholders See Positive Side of Iran’s Auto Outlook
EghtesadOnline: Managing directors from French automotive companies PSA Group and Renault say Iran is seen as an appealing market by global carmakers. Renewing their companies’ commitment to…
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Hyundai Asserting Stronger Presence in Iran Auto Industry
EghtesadOnline: South Korea’s Hyundai Motors is consolidating its presence in Iran through a joint production deal with local carmaker Kerman Motor.
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Flat Steel Consumption Rises as Auto Industry Grows
EghtesadOnline: The improved performance of Iran’s automotive industry this year, spurred by the removal of international sanctions in early 2016, had a positive effect on flat steel use and…
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Iran Auto Industry Divorced From EV Reality
EghtesadOnline: While the global automotive industry is undergoing profound changes, it seems that carmakers and auto policymakers in Iran are stuck in the past, executive vice president of PSA…
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Gov’t Intransigence Hammering Domestic Automotive Industry
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…
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Without Innovation Iran Auto Industry Will Soon Be a Dinosaur
EghtesadOnline: Iran should hasten to catch up with global automotive trends, a senior auto industry strategist at the Industrial Development and Renovation Organization says.
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Auto Parts Makers Say They Get a Raw Deal
EghtesadOnline: Lack of liquidity has been strangling Iran’s auto industry for years and according to the director of Iran Auto Parts Makers Association suppliers have borne the brunt of the…
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Peugeot-Citroën Pledges to Help Iran Auto Industry Grow
EghtesadOnline: Executive vice president of Groupe PSA (Peugeot-Citroën) for Africa and the Middle East says the French automotive conglomerate has plans to help Iranian companies transform into…
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Iran Auto Market H1 2017: Higher Production, Sales
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.
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Fake Parts Strangling Iran Auto Industry
EghtesadOnline: One of the grim situations Iran’s struggling auto industry is facing is the import of low-quality and fake auto parts.
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Bureau Veritas to Offer Automotive Services in Iran
EghtesadOnline: French auto companies are gradually making a comeback to Iran (PSA Group, Renault) and now one of the largest French inspection and testing firms is set to offer services to local…
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No More Comfort Zone for Auto Industry
EghtesadOnline: The Central Bank of Iran (CBI) and the Ministry of Industries have jointly issued a mandate that requires automakers to reduce the interest rate offered on pre-sale contracts.
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Never Mind France, China is Not Leaving!
EghtesadOnline: On more occasions than one following the Joint Comprehensive Plan of Action (JCPOA), Iran’s auto industry experts and pundits have said on and off the record that China’s auto…
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Auto Industry Expanding in Western Region
EghtesadOnline: Industries Minister Mohammad Reza Nematzadeh opened a new line of auto parts production at a local company, Marpich Bakhtar, in Kermanshah Province this week.
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Iran Khodro's Peugeot 301 Release Edges Closer
EghtesadOnline: Iran Khodro is set to introduce the emerging market destined Peugeot 301 sedan in the near future.
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Electric Tiba in Testing Phase
EghtesadOnline: SAIPA is set to unveil its new Tiba with a locally-designed electric-only engine, said Mehdi Jamali, the company CEO.
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The Unending Saga of ‘Localization’ in Iran Auto Industry
EghtesadOnline: The main hurdle in the way of implementing Renault’s joint venture deal with the Industrial Development and Renovation Organization of Iran (IDRO) ostensibly is the country’s…
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Spanish Auto Parts Makers in Tehran
EghtesadOnline: A delegation from Sernauto, the Spanish Automotive Equipment and Components Manufacturers Association is in Tehran to find new partners.
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Chery Producing Tiggo7 in Bam SEZ
EghtesadOnline: Chinese carmaker Chery has begun production of its latest and most expensive SUV the Tiggo7 in Iran’s southern Arg-e-Jadid Special Economic Zone near Bam in Kerman Province.
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Nissan, Kia to Restart Ties With SAIPA
EghtesadOnline: SAIPA auto company is to sign two joint production deals with East Asian automotive giants Nissan and Kia.
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Gas-Powered Car Production Dips in Iran
EghtesadOnline: Data released on the production of vehicles have revealed that during the current Iranian year (started March 21), the rate of hybrid vehicles using compressed natural gas significantl…
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S. Korean Auto Parts Firms Interested in Iran JVs
EghtesadOnline: South Korea will soon be able to emerge as a major provider of auto parts in Iran and other Asian countries where local players are having a difficult time meeting growth in the…