Iran News ...


10/16/13

Iran's auto production drastically down

Source: Radio Zamaneh

Iran's minister of Industry, Mining and Trade says the country's auto production decreased by 44 percent in the first six months of the year. ISNA reports that Mohammadreza Nematzadeh told a press conference that the industry had expected to produce 900,000 cars this year; however, the reduced output so far has thrown that goal into question.

The Iranian auto-making industry has been in crisis in recent years with the impact of international sanctions and the scrapping of government subsidies.

... Payvand News - 03/25/16 ... --



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