In a situation where the first shipment of imported cars has been delivered to the customers, the Ministry of Industry intends to justify the import of these cars by revising the import tariff of cars less than 1500 cc, which have a high share in economic cars, and the increase the willingness of importers to import this category of cars.
Toyota Motor (7203.T) was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for vehicle parts broke down on Tuesday, forcing the closure of 14 assembly plants.
Japanese motor industry giant Toyota has suspended operations at all of its assembly plants in its home country due to a glitch in its production system.
Car manufacturing in Iran is targeted to reach three million vehicles based on the country’s Seven National Development Plan (2022-2026), Rouhollah Izadkhah, a member of the parliament's ad hoc budget review committee announced.
The stagnation of the car market is entering its sixth month, while it is expected that with the approval of the executive regulations for the import of used cars and speeding up the clearance of imported cars, we will soon see positive impulses in this market.
The 23rd Mashhad International Automobile Exhibition will be held this year from September 31st to August 3rd at the permanent location of Mashhad Exhibitions.
Chinese automakers have begun a new round of price-cutting, especially since early this month, which may last through the end of the year, industry insiders told Yicai.
Sapco and the supply chain of Iran Khodro Industrial Group started their activities at the 18th Tehran International Exhibition of Automotive Parts and Assemblies.
In this situation, the question arises as to how the bill of two years ago in the field of car import is facing the problem of foreign currency supply despite the doubling of foreign exchange earnings?
If the negotiations between BYD and Ford are successful, it could bring significant job opportunities for Brazilians. The governor of Bahia expects the EV and other investments to create 10,000 jobs in the state.
At the same time, preparations for the implementation of the import of used cars are underway and it is said that we will see these cars entering the country in the next two weeks, which indicates the continuing trend of falling prices in the import and assembly market.
While it’s been 10 months since the government start to make IKCO and Saipa Private, now they are talking firmly to complete this action. However, both companies have more than 1 billion Toman detriment and the question is, is there anyone out there to buy these companies?
While the managers of 6 industrial groups had a meeting with the president and asked him to order to remove the current obstacles. Still, there would be a question of why they didn’t ask the president to remove the order pricing which is the biggest problem and obstacle against the carmakers and their main reason for the recent losses.
Car manufacturing in Iran rose 30 percent in the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same two months in the previous year.
With assistance and cooperation between Iran’s national Standard organization and Koosha Khodro, standard licenses to import Kia Pegas and Kia Cerato have been issued.