Automotive

Price bubble at the automotive market: 30%

Automobiles have experienced a significant price hike in recent months in Iran. However, experts believe that due to low production costs, domestic automobiles should indeed be priced much lower. Ghanoon daily writes that Iranian made […]

Automotive

Renault continues operation in Iran

The French carmaker, Renault confirmed its plans to continue operating in Iran. Amid uncertainties of recent US sanctions on Iran, few international companies operating in Iran have clearly announced their position. The two French automakers, […]

Automotive

Week in Brief 01.06.2018

A week ago, Citroen offered its C3 model manufactured in Iran. Amid extensive stagnation at various markets in Iran, 2000 cars were sold in few minutes to be delivered in six months. Previously, Peugeot pre-sold […]

Automotive

Smuggling of automotive parts worth $1.5b

Taddol writes that the Secretary of the Automotive-Parts Manufacturers Association, Arash Mohebbinejad believes that illegal imports as well as the imbalance between automotive imports and parts imports can lead to 50% of part manufacturers shutting […]

Automotive

Businesses halt due to USD crisis

Iran newspaper writes that the foreign currency crisis has caused many businesses to halt sales. The trend began with household appliance retailers which presented the excuse that due to limitations in supplying foreign currency, they […]

Automotive

What may German companies lose by waiting

Handelsblatt, the German newspaper, warns the German companies about losing the opportunities in the Iranian market, moving much too much cautiously, while other European and Asian countries are already in operation with their Iranian partners. […]