Reporting "Asre Khodro", According to latest statistics published by ISNA, Iranian companies produced ۶۸,۰۷۴ cars, vans, buses and other commercial vehicles during the month, ۱۱,۳۹۸ units more than in the same period the previous year.
The number of cars produced by local automakers during the one month period has seen a ۲۳.۹% growth y/y, reaching ۶۴,۵۷۴ units from last year’s ۵۲,۱۲۱ units.
Iran Khodro Group produced ۳۳,۴۹۲ vehicles, a ۱۷% y/y growth.
SAIPA Group's production during the ۳۰-day period stood at ۲۳,۹۴۷ vehicles, a ۲۵.۵% growth year-on-year.
This is while Pars Khodro produced ۹,۵۹۵ cars in the first month, registering a ۴۵.۳% growth in production y/y with its production of China's Brilliance models.
Chery's production was a distant fourth and with ۳,۵۸۸ vehicles, the company saw a ۲۹.۲% growth.
Kerman Motors production of Hyundai, JAC and Lifan was also up, with ۳,۱۲۱ cars produced indicating a jump of ۱۱۳% over the previous year.
Furthermore, the floundering van production industry observed a modest growth.
While the local automakers had a zero output for vans during the first month of the last Iranian year, this year the companies produced ۱۸ large vans in the first month this year.
Pickup Truck Production Down
The production of pickup trucks dropped ۲۸.۴% y/y and reached ۲,۹۰۷ from last year’s ۴,۰۶۰.
The production of minibuses saw a significant y/y jump of ۲۶۱.۵% to reach ۴۷ units compared to the prior year’s ۱۳ units.
Bus makers' output grew ۹۰.۹% y/y, reaching ۶۳ units in the first month.
Truck production observed the lowest growth rate with a ۳.۶% y/y jump, with production reaching ۴۶۵ units during the same period.
Foreign Deals
The current fiscal year may be transformational for the local car industry as several deals are underway and those already signed could push up car sales further.
Last week, Iran Khodro Industrial Group, the largest automaker, signed a deal with several foreign firms and local universities including Pininfarina, Mahle, Hyundai PowerTech, Punch Powertrain, Benteler Automotive, Sharif University of Technology and Amir Kabir University of Technology, for developing a new range of vehicles.
The firms have approximately ۲.۵ years to produce the new vehicles.
Meanwhile, IKCO also signed a joint venture deal with PSA Group's Peugeot brand to sell new cars under that brand's license.
These vehicles include the ۲۰۰۸ crossover model now in production, and the soon-to-be produced ۳۰۱ Sedan and the Peugeot ۲۰۸ hatchback.
Renault is also pushing ahead with the production of several models it intends to bring into the Iranian market, including the Kwid which it is looking to sell in Iran, as well as the Sandero and Sandero Stepway models that are already under production.
Previous Year's Statistics
According to last year's data, total car production hit ۱.۲۵ million during the ۱۲ months that ended on March ۲۰.
The industry saw a ۴۰.۷% growth in auto production year-on-year, according to the Ministry of Industries, Mining and Trade.
Production delays during the previous year put off many people from purchasing a new car for fear of getting a raw deal and with the expectations that something better may be offered by one of the several companies entering the market, for instance Renault.
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