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FinancialNews


  • 06-09-20

    Iran's major carmakers hoist output by 20 percent in five months

    (MENAFN) Based on the latest report issued by the official IRNA news agency, the first five months of the current Iranian calendar year (March 20-August 21) witnessed a 20 percent rise in passenger cars manufacturing sector, versus the same period of 2019.

    The largest volume of the sector"s production during the stated period was achieved by the Iran Khodro, which outdone its counterparts, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, as it raised its output 39 percent on a yearly basis.

    Throughout the past Iranian calendar year (ended on March 19), a total of 863,263 vehicles were produced in Iran by three major carmakers.

    At the same time, IKCO manufactured 393,812 vehicles, of which 35,953 were produced in the last month Esfand (February 20-March 19).

    MENAFN0609202000450000ID1100754302

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