Iran Khodro and Saipa each will manufacture over 1,500 cars as of the next calendar month of Mordad, which begins on July 23, IRNA quoted Mohsen Salehinia as saying.
Taking the production of other Iranian carmakers into account, the country’s car output will hit 4,500 in the sixth calendar month of Shahrivar, he added.
On June 3, the U.S. Treasury Department announced a new round of sanctions against anyone involved in Iran’s auto industry and anyone caught using Iran’s currency, the rial, for “significant transactions.”
Iranian Industry, Mines and Trade Minister Mehdi Ghazanfari has said Iran plans to manufacture at least three million cars by 2025 and export some one million sets.
Iranian car manufacturers produced 1.648 million cars in 2011, ranking the country 13th in the world, according to a report by the International Organization of Motor Vehicle Manufacturers.
Meanwhile, Iran imported over 44,000 cars, worth more than $1 billion, during the past Iranian calendar year, which ended on March 20.
The United Arab Emirates, South Korea, and Kuwait were the main sources of exporting cars to Iran.
MNA
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MNA
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