Publishe Date: 6:33 PM - 6/8/2014 | Print

Iran Manufactures over 90,000 Cars in One Month

Economy - The Iranian auto industry manufactured 94,840 vehicles in the second month of the Iranian calendar year, (April 21-May 21) showing a 101.3 percent jump in comparison with the same period last year.

Iran has raised sedan output by 103.1 percent, hitting 80.144 from 39.465. The country produced 13.939 pickups, rising by 104.5 percent.

The country manufactured 135.901 sets of cars in the first two months of Iranian calendar year (March 20-April 20) rising by 92.5 percent.

In April, the president of Iran and the Middle-East's largest car manufacturing company, Iran-Khodro (IKCO), said his company to manufacture 600 thousand passenger cars and pick-ups by March 2015.

"Iran-Khodro is supposed to improve its car making capabilities in a four-year plan; to achieve this it needs to present a new car with IKCO brand every other year," Hashem Yeke Zare said.

"We are determined to export 30 percent of our products up to 2015," emphasized the CEO.

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