Iran Autos: Report Q3 2014

Business Monitor International
July 30, 2014
58 Pages - SKU: BMI5305299
Countries covered: Iran

Iran Autos: Report Q3 2014

The medium-term outlook for Iranian auto production remains cautiously optimistic, reflecting thetemporary deal reached between the US and major powers over the future of its nuclear programme inNovember 2013. In 2013, Iranian new vehicle sales totalled 601,407 units, according to information fromthe Focus2Move website. This reportedly represented annual growth of 17.9%.

Early indications for 2014 also appear encouraging, with Focus2Move reporting that new vehicle sales wereup by 27.1% over Q114, at 157,156. On current trends, this would suggest full-year output in the region of630,000 units, representing annual growth of around 5%.



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