Automotive manufacturing increases by 2.3% in 9 months / year

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TEHRAN – Car manufacturing in Iran rose 2.3% in the first nine months of the current Iranian calendar year (March 21-December 21), compared to the same period last year.

Data released by Codal’s website shows Iranian automakers produced 669,320 vehicles in the nine-month period of this year, up from 653,761 in the same time of year. former.

During those nine months, Iran Khodro Company (IKCO) manufactured 325,557 vehicles, 6% less than production in the same period of the previous year.

The monthly production of the IKCO was 42,894 in the ninth month.

SAIPA manufactured 253,584 vehicles during the period mentioned. The production of this automaker increased by 8.14% compared to the same period of the previous year.

SAIPA manufactured 31,131 vehicles in the ninth month.

Pars Khodro manufactured 90,179 vehicles in the nine-month period of this year, growing 23.8% year-over-year.

The monthly production of this automaker was 11,498 in the ninth month.

Deputy Minister of Industry, Mines and Trade Mehdi Sadeqi Niaraki said the country’s auto production is expected to increase by 50% in the next Iranian calendar year (starting March 21, 2022).

“Private auto makers are trying to increase their production,” Sadeqi Niaraki said.

Noting that the annual demand for automobiles is around 1.5 million in the country, the official noted, “The production of one million vehicles is planned for the current year, and we expect growth of around 50% for next year, and automakers are also offering all kinds of equipment and selling options.

Meanwhile, Minister of Industry, Mines and Trade Seyyed Reza Fatemi Amin said his ministry has a two-year plan for the auto industry on the basis of which this industry will undergo serious changes and improve. considerably.

“We need to strengthen competition, improve management and economic mechanisms, and increase production in the automotive industry in order to be successful in our plans,” Fatemi Amin said.

“Our plan is to produce 1.6 million vehicles next year (from March 2022), which will increase to three million units by [the Iranian calendar year] 1404 (starts March 2025), and 30 percent of production, or about one million units, is expected to be sent to export markets, “he added.

Iran’s major automakers had manufactured 900,714 vehicles in the previous year (ended March 20), 4.3 percent more than the figure for the previous year.

According to Codal data, in the past year, IKCO produced 480,338 vehicles, which is 21.9% more than the previous year’s production, which was 393,812 vehicles.

SAIPA manufactured 317,321 vehicles, a decrease of 12.6% compared to the 363,379 vehicles manufactured in 1398. And Pars Khodro manufactured 103,055 vehicles last year, a decrease of 2.8% compared to the production of the previous year, which was 106,072 vehicles.

The Iranian Ministry of Industry, Mines and Trade programs for the current Iranian calendar year show that the manufacture of 1.2 million cars has been put on the agenda.

Iran currently ranks 20th among the world’s leading automakers producing 821,060 vehicles at the end of 2019, according to the International Organization of Automobile Manufacturers (OICA).

MOM


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