Reporting "Asre Khodro", IKCO said in a press release it has been producing the Samand in the city southwest of Baghdad for the past few years. However, production of vehicles – mainly used as taxis in the Iraqi capital – have remained static in recent years due to the ongoing conflict with the insurgency and terror groups afflicting the war-ravaged Arab country.
The other car currently produced for that market is IKCO’s Peugeot ۴۰۵, while the company introduced the Arisun pickup to that Iraqi market in ۲۰۱۶. Production figures for the two vehicles were not announced.
Due to the lack of affordable cars in the Iraqi market, many Iraqis with less income prefer Iranian vehicles due largely to their low price.
The two biggest Iranian automotive producers (IKCO, SAIPA) see the Iraqi market as their quickest path to growth outside the home market, with both companies selling low-cost vehicles including the Saipa Pride and Tiba, as well as IKCO products.
However, according to bestsellingcarblog.com, the best-selling vehicles in the Iraqi market are South Korea’s Kia models.
The Kia Frontier pickup truck was the best-selling vehicle in that market through ۲۰۱۶ with a ۱۹.۵% share, while the Kia Sportage crossover was the best-sold four-door car in the previous year with a ۷.۶% share of the overall market.
In total, ۲۸,۷۸۸ vehicles were purchased in Iraq during ۲۰۱۶ with the new vehicle registrations falling ۴۸% y/y, according to the website.
Source: financialtribune.com
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