BAKU, Azerbaijan, November 30. Iran’s local passenger car production increased by 14.8 percent in the first eight months of the current Iranian year (March 21 through November 21, 2023), compared to the same period last year, Trend reports.
Within 8 months, Iran manufactured a total of 747,491 passenger cars, as was reflected in the data from the Ministry of Industry, Mine and Trade of Iran.
In the same period of the previous year (March 21 through November 21, 2022), the country’s passenger car production stood at 651,036 units.
During the 8th month alone (October 23 through November 21, 2023), 101,005 passenger cars were manufactured within the country, representing a 4.26 percent drop compared to 105,500 units in the same month last Iranian year.
There are three giant car manufacturing companies - Iran Khodro, Saipa, and Pars Khodr - operating in Iran. By implementing various projects, Iran intends to increase manufacturing in the auto industry.
Meanwhile, 882,471 various vehicles (including passenger cars, pick-up trucks, buses and minibuses, vans, trucks, trailers, and so on) were produced in Iran in 8 months. This is an increase of 17.8 percent compared to the same period last year.
In total, 1.18 million passenger cars were manufactured in the country for the last Iranian year (March 21, 2022, through March 20, 2023), which is an increase of 35 percent compared to 874,000 units in the preceding year (March 21, 2021, through March 20, 2022).
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