auto sector
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Auto Sector Facing Tough Times
EghtesadOnline: Iranian automotive companies are in the red, owing parts makers 430 trillion rials ($1.72 billion), a member of Iran Auto Parts Makers Association said.
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Iran: Defense Ministry Strengthening Collaborations With Automakers
EghtesadOnline: Iran's Defense Ministry has signed a deal with local car manufacturing company SAIPA to curb the auto sector's reliance on foreign parts.
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Multilateral Deal to Boost Auto Sector
EghtesadOnline: Parts manufacturer SAPCO, affiliated to Iranian carmaker SAIPA, has signed agreements worth 4.2 trillion rials ($37 million) with Ferdowsi University of Mashhad and several industrial…
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Iranian Government Introduces Rescue Package for Auto Industry
EghtesadOnline: A plan worked out by the administration of President Hassan Rouhani to mitigate the impact of US sanctions on Iran's economy is to provide the country's beleaguered auto sector…
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Talks Underway to Tame Iran’s Unruly Car Market
EghtesadOnline: Tehran Auto Dealers Association has been holding talks with authorities and carmakers offering proposals on market management so as to rein in the auto sector's chaotic conditions…