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Iran Autos Report Q2 2015

57 Pages BMI Research April 15, 2015 SKU: BMI5530523

Iran Autos Report Q2 2015

Iranian vehicle production rose by 67.5% in 2014, to 1,090,846 units, according to statistics from theInternational Organization of Motor Vehicle Manufacturers (OICA). Breaking down the headline figure,Iran produced 925,975 passenger cars and 164,871 commercial vehicles. This makes Iran the 18th largestauto producer in the world.

At the present time, sentiment towards the Iranian auto industry remains dominated by the progress ofongoing negotiations between Iran and the P5+1 countries (the US, Russia, China, France, Britain andGermany) over Iran's nuclear programme. The two sides have until June 30 2015 to reach a permanentagreement. During this time, Iran will continue to receive around USD700mn a month from its frozenaccounts, although key international sanctions on its energy and banking sector will remain in place.

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Iran Autos Report Q2 2015

BMI Research
April 15, 2015

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