Statistics show that most of automakers located in china meanwhile, America and European countries always leading the auto industry, but the real question are why major auto companies are choosing Chinese as commercial partners?
Renault said revenue rose by a smaller-than-expected 0.2% in the first quarter, as the French car-maker suffered sales setbacks in India, China and South Korea, compounded by the effects of a stronger euro.
It was April 09, 2018 when the government announced the unified exchange rate for controlling the market and as a result the auto market became silent. After that the parliament came on to improve the auto market condition, but nothing has happened since then.
Chairman of scrap yards and recycling association has said that 90 % of vehicle scrap yards are shut down and rest of them are not in good condition. Meanwhile, number of scrap yards, is rising every day.
When it was beating cars with over twice its displacement, the Sports 800 drew attention from race officials. Instead of finding technical irregularities, the 800's design genius was proved
Honda and its Chinese partner GAC have launched the new brand Everus in China—and the first model will be an electric car previewed by the Everus EV concept unveiled Wednesday at the 2018 Beijing auto show.
A group of famous automakers, especially Chinese came to produce or import vehicles into the country but poor partners alongside bad sales and after sales services ruined their brand among people. But how this thing happens and what is its effects on the Iran’s auto industry?
The biggest auto part export contract has been signed after a period of silence about auto manufacture contracts and part producers export share increment. Now they are willing to find a way out of broke by exporting parts.
The chairman of the tire industry association said that the government is making producers lazy in the field of exporting by purchasing expensive exchange from them. The government must replace encouraging policies with exhortative policies.
Yesterday, the government emphasized on replacing dollar with euro and clarified the currency transactions. Do industries such as auto making and part manufacturing who are struggling with dollar turbulence, have the ability to transfer all of their transactions to euro or not?
A 75-year-old central Minnesota man has been arrested after police discovered he'd spread nails across the road outside of his home to punish speeding drivers over the course of a few months.
It was March 2017 when IKCO and Peugeot agreed on producing joint-venture cars, but only one car has been launched since then. Meanwhile, it’s been whispered that IKCO and Peugeot cooperation is going to end soon.