China’s JAC Sees Growth in Iranian Market

Asre Khodro: As the biggest automobile market in Perian Gulf area with sales of ۱.۶ million vehicles annually, Iran Chinese auto brands have seen the growth of their brands, fueled, in part, by Western economic sanctions, which have caused American and European brands to exit the market.

China’s JAC Sees Growth in Iranian Market

Reporting "Asre Khodro",Since it entered into the Iranian automotive market, JAC products have gained a foothold. In ۲۰۱۴, the passenger car market boosted a sharp growth and exported CKD ۱۵,۰۰۰ units, up by ۷۰۰ percent compared to ۲۰۱۳. In the first half of ۲۰۱۵, JAC had exported ۲۰,۱۶۵ units to Iran, growing by ۲۵۶ percent, which has passed the last year’s total export volume, according to the company.

JAC has continued to introduce the new products and maintained the products’ diversity to boost the market. In August ۲۰۱۵, JAC launched the N۷۲۱ narrow body truck (N۵۶) into the market.

Recently, in order to satisfy market demand, the JAC Iran plant has expanded production to three shifts and monthly output up to ۳,۵۰۰ units, according to the company.

Another model that has seen growth in the market is the S۵ SUV. The vehicle is being produced for a variety of JAC’s markets, including, Brazil, the Middle East, and Iran. For the Iranian market, JAC is producing the S۵ Iran Model. This model is equipped with ۱.۵TGDI engine and either a ۶MT or ۶DCT transmission.

Source: automotive-fleet.com

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