x Abu Dhabi, UAESaturday 22 July 2017

Car demand to drop in Iran

IRAN // Demand in the domestic Iranian car market is expected to drop in the wake of rising inflation and unemployment but export car production increased in the 10-month period from March 20, 2008. Just over one million vehicles were produced in this period with SAIPA, Pars Khodro and Zamyad manufacturing 514,881 vehicles combined, up 18 per cent from the same period last year. Iran Khodro, the nation's biggest automaker, has completed the second stage of its Syrian plant and is set to export its new Samand sedan at 30,000 units per year.