The production of major manufacturers exceeds 429,000 in H1

TEHRAN – Three major Iranian automakers, namely Iran Khodro Company (IKCO), SAIPA Group and Pars Khodro, manufactured 429,414 vehicles in the first half of the current Iranian calendar year (March 21-September 22), according to data published on the Codal website. .

According to the data, the production of the mentioned companies only increased by 0.837% compared to the same six months of the previous year in which the production amounted to 425,695.

During those six months, IKCO produced 205,934 vehicles, 2.7% below production in the first half of the previous year.

During this period, this industrial group was able to produce 135,587 Peugeot group vehicles, 25,738 Samand group vehicles, 25,626 Dena vehicles, 14,130 Rana vehicles, 2,689 Haima vehicles and 2,061 Tara vehicles.

SAIPA manufactured 165,463 vehicles during the period mentioned. The production of this automaker increased by 0.53 percent compared to the same period of the previous year.

Pars Khodro also manufactured 58,017 vehicles during the period under review, 17.3% more than production in the first half of last year.

Last month, the new Minister of Industry, Mines and Trade Seyyed Reza Fatemi Amin said his ministry had a two-year plan for the auto industry on the basis of which this industry will undergo serious changes and will will improve considerably.

“We need to strengthen competition, improve management and economic mechanisms, and increase production in the automotive industry in order to be successful in our plans,” Fatemi Amin said.

“Our plan is to produce 1.6 million vehicles next year (from March 2022), which will increase to three million units by [the Iranian calendar year] 1404 (starts March 2025), and 30 percent of production, or about one million units, is expected to be sent to export markets, “he added.

Major Iranian automakers had manufactured 900,714 vehicles in the previous year (ended March 20), 4.3 percent more than the figure for the previous year.

According to Codal data, in the past year, IKCO produced 480,338 vehicles, which is 21.9% more than the previous year’s production, which was 393,812 vehicles.

SAIPA manufactured 317,321 vehicles, a decrease of 12.6% compared to the 363,379 vehicles manufactured in 1398. And Pars Khodro manufactured 103,055 vehicles last year, a decrease of 2.8% compared to the production of the previous year, which was 106,072 vehicles.

The Iranian Ministry of Industry, Mines and Trade programs for the current Iranian calendar year show that the manufacture of 1.2 million cars has been put on the agenda.

According to data from the Ministry of Industry, given that Iranian automakers produced 984,200 of these vehicles in the previous calendar year, the country’s auto production is expected to increase by more than 21.9% over the course of the current year.

MOM


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