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Iran's Car Exports Up 2.6-Fold in First Half

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  • Iran's Car Exports Up 2.6-Fold in First Half

    IRAN'S CAR EXPORTS UP 2.6-FOLD IN FIRST HALF

    Asia Pulse
    Nov 02, 2004


    TEHRAN, Nov 2 Asia Pulse - Car exports increased 2.6-fold in terms of
    value during the first six months of the current Iranian year 1383
    (started March 20, 2004) to reach US$35.6 million, the
    English-language `Iran Daily` wrote on Monday.

    According to the daily, a total of US$86.6 million worth of cars and
    auto parts were exported from the country during the period, the
    figure showing an increase of 110 per cent compared to the
    corresponding figure in the same period last year.

    Exports of heavy vehicles also earned the country some US$26 million
    during the period including exports of 4,296 tons of tires and tubes
    valued at US$5.4 million. Tire exports were up 40 per cent in terms of
    value during the March-September period.

    The Iranian auto-manufacturing group Saipa exported 4,300 cars in the
    first seven months of the year, this figure showing a 170 per cent
    increase compared with the corresponding figure in the previous
    year. The company topped the list of top Iranian car exporters with
    its earnings of about US$21 million, showing an increase of 175 per
    cent compared with earnings in the same period of the previous year.

    Syria was the main customer of Saipa products with about 12,000 Pride
    cars plying on that country`s streets. Pakistan, Bangladesh, Egypt and
    Armenia were other Saipa customers. The Iranian car manufacturing
    group exported 1,432 and 4,219 sedans in 2002 and 2003 respectively

    From: Emil Lazarian | Ararat NewsPress
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