car companies
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Divestment of Two Main Car Companies Not Possible Now
EghtesadOnline: Head of the Iranian Privatization Organization says government shares in the two main auto companies are held as collateral with banks posing a challenge to their divestment.…
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Carmakers’ Losses Exceed $830 Million in Six Months
EghtesadOnline: Iranian car companies have incurred losses to the tune of 100 trillion rials ($833.2 million) in the first half of the current fiscal year (started March 21), secretary of Iran…
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Iranian Carmakers Mull JVs With Russian Counterparts
EghtesadOnline: As traditional foreign partners of Iranian car companies suspend their operations or leave, the local automotive firms are looking north and seeking partnerships with Russian…
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Iranian Carmakers’ Woes Deepen
EghtesadOnline: Major Iranian car companies are grappling with two main problems: lack of auto parts that have caused a sharp decline in production and a failure to clear the piling backlog of…