SHANA Iran could save its petrol consumption by 17 million liters per day once it upgrades its automotive industry, an official said. Amir Vakilzadeh, the CEO of the National Iranian Petroleum Products Distribution Company, said on Sunday that compared to international standards, every car in Iran consumes one liter more petrol per day which would ...

Financial Tribune - Major Iranian automotive companies and 32 parts makers from the private sector signed a $60 million deal on Saturday to curb the auto industrys reliance on foreign suppliers. During an event held on Saturday at Tehrans International Exhibition Center, which was attended by Industries Minister Reza Rahmani and other officials,...

Financial Tribune - Irans automotive output suffered its sharpest year-on-year decline in 2018 since the 21st century. Local companies last year made 1.34 million cars and commercial vehicles -- a 40% YoY decline, data published on the Organisation Internationale des Constructeurs dAutomobiles website (OICA.net) show. The sector had a bad year ...

Tehran, March 1, IRNA President Hassan Rouhani attended the 3rd edition of Iranian Automotive Industry Exhibition here on Tuesday morning. The 3rd Iran Automotive Industry International Conference opened in Tehran on Monday and will wrap up on Tuesday. Over 363 domestic and 138 foreign companies from 32 countries are attending the event. President ...

TEHRAN (Tasnim) Iran and France plan to establish a joint company to produce automotive parts for French automobiles in the Islamic Republic, the managing director of Azin Khodro, a major Iranian automotive parts manufacturer, announced. Speaking to the Tasnim News Agency on Sunday, Reza Rezaei pointed to a second contract between Azin Khodro ...