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Iran's annual production of cars to exceed 750,000 by 2010

Deputy Minister of Industries and Mines Yadollah Tahernejad said in Shahr-e Kord, Charmahal and Bakhtiari province on Tuesday that Iran's annual production of cars will exceed 750,000 by the end of the Fourth Economic Development Plan (2005-2010), IRNA reported.

Tahernejad told IRNA that Iran's annual production of cars is currently at 500,000.

He further stressed that the imports of cars into Iran must be restricted and must be carried out on a rational basis so as to prevent harming domestic producers.

Tahernejad said importing cars would increase the competition ability of domestic producers.

He further stressed that Iran has been successful in exporting certain parts of cars, adding that Pakistan and Central Asian states are the main customers of Iran's auto sector.

... Payvand News - 9/23/03 ... --

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