Iran’s vehicle output up 20% y/y in 10 months to Jan. 20
Iran’s vehicle output rose to a four-year record of nearly one million in the 10 months to late January, according to figures by the country’s ministry of industry (MIMT).
MIMT figures covered in a Thursday report by the Tasnim news agency showed total vehicle output in Iran had reached 994,156 units in the 10 calendar months to January 20, up 20% compared to the same previous period.
Vehicle sales rose by 32% over the same period to nearly 1.1 million, showed the figures which indicated that Iranian carmakers had completed a record number of unfinished vehicles over the past months to boost their delivery rates.
A breakdown of the output figures showed that production of cars had increased by 30% year on year in the calendar month to late January in Iran.
Total car output in the country in the 10 months to late January had reached over 862,000 units, said the MIMT.
The ministry said there were record increases of up to 277% in production of buses, vans and trucks in Iran over the same period.
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