Annual car manufacturing up 40%

March 24, 2023 - 13:45

TEHRAN- Car manufacturing in Iran increased by 40 percent in the past Iranian calendar year 1401 (ended on March 20), according to an official with the Ministry of Industry, Mining and Trade.

Abdollah Tavakoli Lahijani, the director-general of the ministry’s Automotive Industries Department, announced that 1.348 million vehicles were manufactured in the country during the previous year.

The International Organization of Motor Vehicle Manufacturers (known as OICA), in its annual report released in mid-March, ranked Iran as the world’s 16th largest automaker in 2022.

According to the OICA report, Iran’s position among the world’s top automakers has improved by three places in 2022 compared to the previous year making the country stand above industrial countries like the UK, Russia, and the Czech Republic. The Islamic Republic was ranked 19th in the OICA list of the world’s top automakers in 2021.

Based on the mentioned report, Iranian automakers managed to manufacture 1,064,298 vehicles in 2022 to register a 19-percent growth compared to the previous year.

According to the OICA data, in 2022, more than 85 million cars were produced worldwide, indicating a six percent growth compared to 2021.

Also, European Automobile Manufacturers’ Association (ACEA), in its annual report released in late February, ranked Iran as the world’s 11th largest automaker in 2022.

According to the ACEA report, Iran’s position among the world’s top automakers has improved by eight places in 2022 compared to the previous year. The Islamic Republic was ranked 19th in the ACEA list of the world’s top automakers in 2021.

Based on the mentioned report, Iranian automakers managed to manufacture 1,085,859 vehicles in 2022 to register a 10.8-percent growth compared to 979,969 cars in 2021.

According to the ACEA data, in 2022, more than 68 million cars were produced worldwide, indicating a 7.9 percent growth compared to 2021. About 63,200,000 cars were produced in the world in 2021.

MA