Light vehicle output grows 19% in nine months

TEHRAN, Jan. 10 (MNA) – Iranian carmakers produced 625,300 light vehicles during the nine months to Dec. 20, 2020, witnessing an 18.8% jump in comparison with the corresponding period of the last year.

Based on the Industries Ministry data, automotive producers rolled out 60,983 pickups, that is 18.5% more than the year-ago period.

The Agricultural machinery production also grew during the period with 434 combine machines (up 39.5%) and 15,572 tractors (up 12.6%).

The medium and heavy automotive sector, however, has observed a decline in the past months.

Accordingly, Iranian manufacturers produced 1,362 buses and minibuses during the nine-month period, down 8.7$ year-on-year.

Last year (ended March 2020), domestic automakers produced 860,000 vehicles.

MR/IRN84179924

News Code 168301

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