Automotive Industry in Iran, a short review

Asre Khodro - Iran has the largest automotive industry in the Middle East, and it is the country's second-largest economic sector (after oil and gas), currently accounting for ۱۰% of GDP and ۴% of employment.

دوشنبه ۰۹ بهمن ۱۳۹۶ - ۱۹:۴۵:۰۰

Automotive Industry in Iran, a short review

Reporting "asre Khodro",  It has been deemed a priority industry by the Iranian government over the past 15 years and was growing strongly until it went into a dramatic slump in 2012-13 as international sanctions affected companies, consumers and foreign investors.

Production rose sharply in 2014 as the economy recovered, but then declined again in 2015. A landmark nuclear deal was reached with major international powers, and many sanctions were lifted in January 2016. With GDP growth accelerating, Iran's vehicle output increased by 18.6%, to 1.2m units.

The new car market rebounded strongly in 2016 after a dip in 2015, and The Economist Intelligence Unit expects another jump this year. This will be followed by more moderate growth that will nevertheless push sales to repeated all-time highs. During the 2017-21 forecast period as a whole, we expect car sales to report a compound annual growth rate (CAGR) of 9%. GDP growth is expected to average 5.6% a year during the same period.

برچسب ها

Iran automotive marketIran Automotive IndustryIran KhodroIKCOSaipa
مطالب مرتبط بیشتر
Automakers are forced to implement new car standards Removing some price ranges from the car market Renault Lead the Way, Nissan Climb An End to Car Importing Suspension Complete privatization; First Iran Khodro and Saipa after that Major shareholder to transfer Iran Khodro Stock Construction of Chinese-Persian car in Semnan The Renault partnership in Russia changes the investment location in Iran Our aims is to achieve ۳۰% localization France to update firms on doing business with Iran S. Africa-Iran Business Forum Next Week Iran, Turkey to Hold Meeting of Joint Economic Commission Next Month No Cherry-Picking, All Low-Quality Cars Have to Go French Businesses, Officials to Preempt American JCPOA Walkout Lack of Iran Khodro Capital Impedes Peugeot Plans Auto Parts Makers Demand Tougher Regulations on Imports Istanbul Automechanika Conference with the participation of the senior director of the exhibition Details of new rules for importing car to Iran Iran Khodro Hopes to Lure CIS Car Buyers Mercedes-Benz Trucks signs contract with Iran Khodro Iran Khodro to finalize deal for Nissan’s Datsun cars Iran Carmakers and Talk of Regional Buyers European carmakers on the road back to Iran after nuclear deal Car from the new minister's perspective Renault has reached to the top market for imported cars in Iran Iran Khodro Readies New Chinese Crossover Iran is the place for peugeot to jump the platform Iran Khodro's Peugeot ۳۰۱ Release Edges Closer The auto manufacture has been opened with the presence of Kermanshah governor Launch three new products of IKCo in ۱۳۹۶ Iran Khodro to Offer ۴ New Models Iran JV to Launch Peugeot ۵۰۸ Iran MP Calls for Kia Pride Production Halt Iran Automakers Need Logistical Spread Iran Auto Output: All That Clamor for Naught What Future for Iran Car Market? 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