Iran automakers
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Iran Khodro, SAIPA to Expand Foreign Operations
EghtesadOnline: Iran's major automakers, Iran Khodro and SAIPA, have announced schemes to expand overseas operations.
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Iranian Automakers Urged to Increase R&D Budget
EghtesadOnline: The government has called on local car manufacturers to increase investment in their research and development.
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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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Iran’s New Industries Minister Not Impressed With Cash For Clunkers Scheme
EghtesadOnline: The newly-appointed minister of industries, mining and trade has called for eliminating a rule that obliges domestic automakers to scrap old cars in exchange for new car production.
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Competition Council Move Scrutinized
EghtesadOnline: Local automakers were recently given the go-ahead by the Competition Council to raise prices and one lawmaker says he would keep an eye on their actions.
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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 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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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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Five Star Ratings Out of Reach for Iranian Car Makers
EghtesadOnline: The quality report for the first month of the current fiscal year (March 21-April 20) has been released with no car reaching the fabled five-star quality rating by the Iran Standards…
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Iran to Display Vehicles in Azeri Exhibition
EghtesadOnline: Carmakers will attend the upcoming Baku Motor Show in the Republic of Azerbaijan on June 28-30.
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Iran Auto Firms Target 3m Production Target
EghtesadOnline: Automakers are aiming at a production rate of 3 million units over the next eight years, says the investment director of the Industrial Development and Renovation Organization…
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Iran Automakers Produce 1.25m Vehicles in Last Fiscal Year
EghtesadOnline: Iran's state-owned and private carmakers missed their production target by 50,000 units in the last fiscal that ended on March 20.
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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…
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French automakers determine to cooperate with Iranian counterparts
EghtesadOnline: French Ambassador to Iran Francois Senemaud said on Friday that his country’s automakers are determined to have cooperation with their Iranian counterparts.