After the tensions of exchange rate and vehicle market, last week, due to the decisions of the government, now, car makers have a good incentive to raise their car prices. Meanwhile, the auto part manufacturers ’ fate remains unknown.
Iran's auto industry have inked contracts with major international automakers during the past months, but now there is a question, what will be the share of local auto part manufacturers in the joint-venture products?
For the first time in the country’s history, Pakistani automobile part manufacturers are going to exhibit their products in Detroit, US in the hope of increasing their exports.