Iran’s auto production up 40% year-on-year
https://parstoday.ir/en/news/iran-i45335-iran’s_auto_production_up_40_year_on_year
Iran says its production of automobiles has already seen an increase of around 40 percent over a period of 11 months starting 21 March 2016 compared to the same period in the previous year.
(last modified 2021-04-13T02:52:40+00:00 )
News   /   Iran

Iran’s auto production up 40% year-on-year

Feb 13, 2017 02:41 UTC
  • Iran’s auto production up 40% year-on-year

Iran says its production of automobiles has already seen an increase of around 40 percent over a period of 11 months starting 21 March 2016 compared to the same period in the previous year.

The announcement was made by Mansour Moazzami, the board chairman of the Industrial Development and Renovation Organization (IDRO) which is the operational arm of Iran’s Ministry of Industry, Mine and Trade.

Moazzami did not provide a figure on the number of automobiles that have been produced over the period. However, he said Iran’s total production of automobiles would reach to as high as 1.3 million by the end of the current Iranian calendar year (20 March 2017). 

Iran is the Middle East’s largest auto market with a population of 80 million. The automobile industry is seen as Iran’s biggest non-oil sector, accounting for nearly 10 percent of the country’s gross domestic product (GDP).

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