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19. September 2010

Iranian car production up by 6pct in the first 5 months

Iran's car production has increased by 6.21% in the first 5 months of the current Iranian year to reach 602,052 vehicles.

Iran's Ministry of Industries and Mines announced in a report that Iranian car manufacturers have produced 514,434 passenger cars and 87,618 heavy vehicles between March 21 and August 23 2010. Iran's two major car manufacturers, Iran Khodro and Saipa produced more than 1.4 million different models of cars last year.

An August reported by the International Organization of Motor Vehicle Manufacturers places Iran on the list of top 5 global car producers with the most growth in 2009.

Iran's car production showed 9.5% growth last year ranking fifth after China, Taiwan, Romania and India. With the total production of 1,395,421 cars including 35,901 commercial vehicles, Iran also climbed the chart to become the world's twelfth carmaker.

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