24 Nov 2024
Wednesday 27 December 2023 - 22:40
Story Code : 410110

Products of Iranian domestic car manufacturers exceed 1 million

The Iran Project : The Director General of Automobile Industries of the Ministry of Industry, Mining and Trade says from the beginning of the Iranian calendar year (begins on March 21) to the end of December, about 990,000 cars were produced in the country, and now the production has exceeded one million.
Products of Iranian domestic car manufacturers exceed 1 million
Products of Iranian domestic car manufacturers exceed 1 million
According to The Iran Project, Abdollah Tavakkoli Lahijani made the announcement while talking to IRNA on Wednesday.

It can be said that we are witnessing a noticeable progress in the field of production and regulation of the automobile market, he said.

The process of car production and supply enjoys a good condition, and with the implementation of car imports, we have moved towards making the country's car market more competitive, he stressed.

With the removal of turbulences in the car market and the reduction of prices in the car market, the average market price of domestically produced cars has decreased by 26% and the price of assembled cars by 43% since the beginning of this year, he added.

It is expected that with the increase in domestic production and supply, as well as the continuation of car imports, the market will become more competitive, and with the increase in production and supply in the last months of the year, we will see the market prices approaching the factory prices, he underscored.

He stated that the Ministry of Industry, Mines and Trade has overcome the short-term and daily problems of the automobile industry and is focused on the implementation of transformational and infrastructure projects.
Reporter : Fatemeh Khoshroo
https://theiranproject.com/vdcgqz9tzak9qq4.5jra.html
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