Iranian carmakers manufacture 1.23m vehicles in 11 months
Iranian automakers produced about 1.230 million vehicles in the first 11 months of the current Iranian calendar year (March 21, 2023-February 20, 2024), an official with the Industry, Mining and Trade Ministry said.
According to Mehrdad Khosravi, the director general of the Iranian Industry Ministry's Auto Industry Office, Iranian carmakers managed to manufacture about 1,040,000 passenger cars in the mentioned 11 months which shows a growth of six percent compared to the same period last year.
In the mentioned period, 152,000 trucks were also produced, registering a 34 percent growth compared to the same period last year.
Manufacturing of heavy vehicles also increased by 10 percent in the said 11 months to reach 34,000, Khosravi said.
According to the official, private carmakers accounted for 23 percent of the country’s total automobile production in the first 11 months of the current year by producing 280,000 cars.
Manufacturing of vehicles by the private sector increased by 61 percent in the mentioned period as compared to the previous year’s same 11 months.
Car manufacturing in Iran increased by 39 percent in the past Iranian calendar year 1401 as the Iranian carmakers manufactured 1,347,394 vehicles in the mentioned year.
In the past year, 1,182,078 passenger cars were manufactured in the country, registering a 35-percent rise year on year.
Vans accounted for the lion’s share of the production in the past year, as 125,507 vans were manufactured, with a 56-percent growth.
In the past year, 34,136 trucks were manufactured, with a 150 percent rise.
The manufacturing of buses stood at 1,391, and minibuses, and middle buses at 1,118, registering a growth of 88 percent and 11 percent, respectively.
Also, about 450,000 motorcycles were manufactured in the previous year, with a 61.2 percent rise year on year.
Meanwhile, the International Organization of Motor Vehicle Manufacturers (known as OICA) ranked Iran sixth in the world in terms of car manufacturing growth in 2022.
According to the OICA data, car manufacturing in Iran increased by 19 percent in 2022, as the country manufactured 1.064 million vehicles in the mentioned year, while the figure was 894,000 in 2021.
The international organization in its annual report released in mid-March had ranked Iran as the world’s 16th largest automaker in 2022.
Source: Tehran Times
Top News
Six last month
MinRes halts Bald Hill mine amid lithium price rout
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Swapping aluminum for copper will maintain China’s resources, group says
Gold loses some luster after Trump’s decisive win
Hedge funds slash bullish wagers on gold over Trump election win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Families gather at South African mine shaft where hundreds are feared stuck underground
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Resolute Mining says it will pay Mali $160 million in tax dispute
Trump chooses oil fracking boss as energy secretary
Gold loses some luster after Trump’s decisive win
