Jan 22, 2024, 3:52 PM
Journalist ID: 956
News ID: 85362166
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Iran's second largest carmaker reports decline in output in Mar-Dec

Tehran, IRNA— The latest data related to the production of automobiles in Iran shows that Saipa, the second-largest carmaker in the country, saw a decrease in its output in the nine months to late December.

Saipa produced a total of 225,380 cars in Iran from March 21 to December 21, 2022.

The figure is a 3.5% drop from 217,524 cars in the same period last year. 

A report by the Iranian exchange organization shows that Saipa's combined output of cars and pickup trucks would reach nearly 420,000 units in the year to late March, down by nearly a half from the company's own annual production estimates.  

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