Over 13 million cars in use in Iran

Asre Khodro - The number of cars on Iran’s roads surpassed 13.36 million in 2014, according to the latest report of the International Organization of Motor Vehicle Manufacturers (OICA).

Friday 17 March 2017 - 23:53:00

Over 13 million cars in use in Iran

Reporting "Asre Khodro", The figure includes 11.980 million passenger cars and 1.38 million commercial vehicles.

The number of vehicles in use in Iran was 12.679 million in 2013.

The motorization rate increased from 164 in 2013 to 170 vehicles per 1,000 inhabitants in 2014 in Iran, according to the report.

Iran stood at 78th place in the world in terms of motorization rate. The average global motorization rate was 180 vehicles per 1,000 inhabitants in 2014.

The report says that 1.236 billion cars were in use in the world in 2014. The figure stood at 1.188 billion in 2013.

Iran's car output reached 1.165 million units in 2016, according to the OICA. The figure indicated an 18.6-percent rise versus 2015, which is the highest output growth rate among car manufacturers in the world.

The Islamic Republic was the world's 18th biggest car manufacturer in 2016. Iran’s car industry is the second biggest sector in country after the energy sector, which makes more than 10 percent of GDP.

Over 700,000 people are working in this industry which is equal to 4 percent of workforce of Iran, according to the 2015 data.

Iranian car manufacturers reestablished cooperation with European companies, including Peugeot, Citroen and Renault. This resulted in a strong growth of nearly 151 percent for automotive sector, which ended 2016 as the top performing sector on the Tehran Stock Exchange.

Traditional export markets for Iranian automobiles include Algeria, Azerbaijan, Cameroon, Ghana, Egypt, Iraq, Pakistan, Senegal, Syria, Sudan and Venezuela.

Recently, the Islamic Republic presented certificates to foreign car manufacturers willing to open sales branches in the country.

Some 40 foreign carmakers have already obtained the certificates, while the number can be increased in future. Companies may get licenses facing no limit in terms of the number of cars they would like to import. However, the companies are required to have a 10-year customer services experience in Iran, to be able to sell the production in the market.

Under Iran's major economic development plan, the country has set a goal to boost car output to three million per year by 2025, reducing unnecessary car imports. Central geographic location of the country provides significant growth potential as an export hub.


Source: azernews.az

برچسب ها

Iran automotive marketIran Car Production
مطالب مرتبط بیشتر
The Renault partnership in Russia changes the investment location in Iran No Cherry-Picking, All Low-Quality Cars Have to Go Details of new rules for importing car to Iran European carmakers on the road back to Iran after nuclear deal Renault has reached to the top market for imported cars in Iran Car production reaches 2 million units Iran is the place for peugeot to jump the platform What Future for Iran Car Market? Iran Car Production France’s Peugeot, Total Looking for Stronger Presence in Iran French Leverage in Iran Auto Industry Iran Automotive Production Up 20% y/y Iran Carmakers Obliged to Offer 2-Year Guarantees Renault Imports to Iran Increase 110% VW's Seat considers selling cars in Iran - CEO Iran to Finalize Deal with Renault in Weeks: Minister Production surges in Iran's car industry Iran Khodro Group Retains 39% Market Share Iran stars as Renault powers to record 2016 sales 40.9% Jump in Iran Car Production y/y Renault Duster May Be Obsolete VW to made CNG cars for Iran Iran has potential to be top-10 auto market by 2020 Renault Sales in Iran Up by 127% in September Volkswagen and Skoda look into Iran market entry Renault Looks to Grow Automotive Presence in Iran Iran’s Car Market: Heading High or Low? Peugeot targets 150,000 vehicle sales in Iran in second half A positive political environment has helped Iran’s car market Peugeot to try for making Iran its manufacturing hub in Middle East, Africa Germany’s Bavaria to dispatch trade delegation to Iran on Sept. 4 No request to raise the automobile's price is sound Record Registrations for Groupe Renault in H1 2016 Automotive Targets Highlighted How to seize Iran’s automotive opportunities Renault’s Iranian market share rises 7-fold in post-sanction era VW In Iran Rouhani vows to privatize Iran’s car industry VW and Skoda reportedly eyeing Iran as sanctions lift Japanese traders seek new opportunities in Iran Peugeot and Renault in pole position to enter Iran’s car market Iran Opening Up, The New Land Of Opportunity Picking winners in the race to Iran Iran important market for European businesses: expert Azerbaijan not impressed by car opportunities of Iran Impact of Iran deal on the automotive market European car makers strives to regain share in Iran's auto market Iran automotive market ‘on edge to take off’
Back to top