Khodrocar - The handover ceremony for the first KMC T9 acquired via this mechanism—offered jointly by Kerman Motor and Karmand Financial Group—was held on Tuesday, November 25, 2025. This event signifies the beginning of a new era in vehicle purchasing and investment in Iran, introducing a transparent, predictable, and intermediary-free approach for customers.
A Modern, Transparent, and Gradual Method of Buying a Car
The automotive warehouse receipt is an innovative financial instrument within the capital market. Instead of engaging in traditional vehicle markets, buyers and investors can trade these receipts in a regulated and transparent environment. Once they accumulate enough units to represent a full vehicle, they may request delivery.

The issuance of T9 automotive receipts by Karmand Financial Group, the investment and financing arm of Kerman Motor, began in September 2025. This initiative represents a strategic shift aimed at transforming conventional automotive transactions. It highlights Kerman Motor’s commitment not only to producing and developing new products but also to modernizing its sales and financing models to strengthen public trust.
Key benefits of this tool include the separation of investment and consumer markets, the option for gradual purchasing, high liquidity, elimination of intermediaries and extra costs—all contributing to increased confidence among customers and investors. This method is a significant step forward in expanding financial instruments and reshaping the trading framework of Iran’s automotive industry, supporting both real buyers and investors in a regulated, credible environment.
Delivery of the First Vehicle Through Warehouse Receipts
The first buyer whose accumulated receipts reached the required threshold officially received their KMC T9 today, bypassing the complexities of traditional market processes. According to officials, this mechanism provides transparent financing for automakers while enabling lawful, trackable investment for genuine buyers.
With the delivery of the first vehicle through warehouse receipts, Kerman Motor and Karmand Financial Group have taken another major step toward developing modern financial instruments and creating a transparent connection between production and investment—an initiative that paints a clearer picture of the future of Iran’s automotive market.