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FinancialNews


  • 05-08-19

    38.3 percent drop in Iranian vehicle manufacturing

    (MENAFN) Iran was revealed to have been struck with a 38.3 percent decline in its vehicle production for the first four months of this Iranian year ending July 22nd.

    During the period, Iran produced 266,961 cars compared to the 432,528 cars manufactured a year earlier during the same period.

    Industry, Mining and Trade Minister Reza Rahmani highlighted the significance of following up on the policy of local auto part production.

    It comes after Rahmani released a directive on "strengthening domestic manufacturing of imported auto parts."

    MENAFN0508201900450000ID1098845135

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