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. […]

Automotive

Iranian market’s contribution in PSA’s growth

After the nuclear-related sanctions on Iran were lifted in 2016, French carmakers managed to resume their activities in the country almost immediately. This week, Reuters reported that French carmaker PSA’s (PEUP.PA) global sales jumped by […]

Automotive

Quality of automobiles in Iran?

Abrar Eghtesadi wrote an article detailing the questions asked by the members of parliament from auto manufacturers: How long do they need to manufacture a quality automobile? The article quotes Hamidreza Fooladgar, Member of the […]

Automotive

AIDCO to produce electric motorcycles

The Automotive Industries Development Co (AIDCO) will start production of its electric motorcycle in two years. The production line will have a capacity of 10 thousand units per year. By the end of this year […]