According to the data, the production by the mentioned companies has decreased by 0.83 percent compared to the previous year’s same five months in which the output stood at 348,303.

During the said five months, IKCO manufactured 169,956 vehicles, 891 vehicles more than the same period last year.

During this period, this industrial group was able to produce 116,502 vehicles in the Peugeot group, 18,984 vehicles in the Samand group, 20,08 Dena vehicles, 11,061 Rana vehicles, 1,957 Haima vehicles, and 1,341 Tara vehicles.

SAIPA manufactured 131,699 vehicles in the mentioned period. Production by this automaker fell 4.28 percent in comparison to the previous year’s same time span.

Pars Khodro also manufactured 43,767 vehicles in the period under review, of which 8,759 were manufactured in the fifth month.

The mentioned producer’s output in the said period increased by five percent compared to the last year’s same five months.

Last week, new Industry, Mining and Trade Minister Seyyed Reza Fatemi Amin said that his ministry has a two-year plan for the auto industry based on which this industry will undergo serious changes and improve significantly.

“We must strengthen competition, improve management and economic mechanisms, and increase production in the auto industry in order to succeed in our plans,” Fatemi Amin said.

“Our plan is to produce 1.6 million vehicles next year (begins in March 2022), which will increase to three million units in [the Iranian calendar year] 1404 (begins in March 2025), and 30 percent of the production, equivalent to about one million units, should be sent to export markets,” he added.

Iran’s major carmakers had manufactured 900,714 vehicles in the previous year (ended on March 20), which was 4.3 percent more than the figure of its preceding year.

According to Codal data, during the past year, IKCO manufactured 480,338 vehicles, which was 21.9 percent more than the output in its preceding year, which was 393,812 vehicles.

SAIPA manufactured 317,321 vehicles, with a 12.6-percent fall from 363,379 vehicles manufactured in 1398. And Pars Khodro manufactured 103,055 vehicles in the past year, showing a 2.8-percent drop from the output of its previous year, which was 106,072 vehicles.

Iranian Industry, Mining, and Trade Ministry’s programs for the current Iranian calendar year show that the manufacturing of 1.2 million cars has been put on the agenda.

According to the Industry Ministry data, since Iranian automakers had produced 984,200 such vehicles in the previous calendar year, the country’s car output is planned to increase by over 21.9 percent in the current year.

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MIMT figures released on Saturday showed that car production had reached a total of 903,800 units at the end of the past fiscal year, up against 758,900 units reported for the year to March 2020.

However, a breakdown of figures related to total vehicle output in Iran over the same period showed that pickup truck production had risen by 6.5% to 80,364, while output of trucks, small trucks and truck cabs had climbed by 53.6% to 6,395 units.

Automotive companies had produced 7.8% fewer buses minibuses and vans compared to the year to March 2020 as output declined to 1,873, showed the report.

Tractor output surged by 15.9% to 21,666 units while production of combine harvesters reached 6,395 units, up 44.5 percent year on year.

Increased vehicle production has come despite weeks of closures imposed by the two main Iranian car manufacturers since March 2020 when the spread of the coronavirus pandemic caused the government to introduce lockdown measures across the country.

However, car manufacturers ramped up production last year to respond to growing demand in a domestic market where major international brands have almost no presence.

A senior MIMT official said the ministry has set a car output target of 1.25 million for the calendar year to March 2022.

Bahman Salehinia said that the Iran Khodro Company (IKCO) and Saipa would be responsible for a bulk of production at nearly 1.1 million vehicles.

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“Now, our mid-term goal is to raise the quantity and quality of our current vehicles, so that we could be able to maintain the exports to the neighboring countries,” he said.
According to the data released by Industry, Mining and Trade Ministry, Iranian carmakers manufactured 42,623 vehicles during the first Iranian calendar month of Farvardin (March 21-April 20, 2019).

The ministry’s data showed that car manufacturing in Iran fell 47.2 percent in the first month of this year from 80,794 cars manufactured in the same month of the previous year.
Iran’s imports of passenger cars also fell 67 percent during Farvardin of this year compared to the same month of the previous year.

Earlier in May, Iranian Industry, Mining and Trade Minister Reza Rahmani said the policy of domestic manufacturing of auto parts should be seriously followed up.
The minister also stressed that in this due the capable manufacturers should be seriously supported, IRNA reported.

Given that 1.25 million vehicles are anticipated to be manufactured in the country during the current Iranian calendar year (ends on March 19, 2020), the part manufacturers will need 150 trillion rials of working capital (about $3.571 billion) for the purchase of raw materials and other required items.

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