Passenger car manufacturing up 4.5% in a quarter on year

August 4, 2018 - 9:32

TEHRAN- Passenger car manufacturing in Iran rose 4.5 percent during the three-month period from the beginning of current Iranian calendar year (March 21) compared to the same time span in the past year.

Iranian carmakers manufactured 303,500 passenger cars during the first quarter of this year, IRIB reported.

Also as previously reported by IRIB, Iran’s total car manufacturing during the three-month period stood at 336,699, showing 9.4 percent increase year on year.

Iranian carmakers manufactured over 1.535 vehicles during the past Iranian calendar year 1396 (ended on March 20), with 13.7 percent rise from the figure of its preceding year, Industry Ministry has announced.

According to the ministry’s data, car manufacturing in Iran stood at over 1.35 million in the calendar year 1395.

As reported, 1.442 million passenger cars were manufactured in the past year, with 14.9 percent growth from 1.255 million cars in its previous year.

Some 1,381 minibuses and middle buses were manufactured in 1396, indicating 52.6 percent increase from 905 minibuses and middle buses manufactured in 1395.

Also, 1,782 buses were manufactured in the last year, with 53.9 percent rise from 1,158 buses manufactured in the year before.

MA/MA