News ID: 113397
Published: 0721 GMT March 08, 2015

Car production exceeded 1m in 11 months

Car production exceeded 1m in 11 months

Iranian auto manufacturers produced 1.03 million vehicles during March 21, 2014-February 19, 2015 indicating a 58.2-percent growth compared to the figure for the same period last year, which was 657,359.

In the same period, production of sedans amounted to 881,467, up by 58 percent year-on-year. Also, in this time-span, Iran manufactured 139,717 vans, 18,179 trucks, 442 buses and 158 mini-buses, reported Shata.

During January 21-February 19, 2015, Iran's auto production reached 107,487, indicating a 32-percent growth compared to the figure for December 22, 2014-January 20, 2015.

In the 30-day time-span, Iranian auto makers produced 90,305 sedans showing a growth of 32.4 percent compared to the figure for the same period of a year ago.

During December 22, 2014-January 20, 2015, car manufacturers produced 14,573 vans, 2,519 trucks, 60 buses and 30 mini-buses.

Automotive industry is Iran's second biggest industry, after oil and gas industry, accounting for 10 percent of the country's gross domestic product.

There are 25 automakers in Iran, producing both light and heavy vehicles. They are also conducting joint ventures with international counterparts such as Peugeot Citroen (France), Volkswagen (Germany), Nissan (Japan), Toyota (Japan), Kia Motors (South Korea), Proton (Malaysia) and Chery (China).

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