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Iran’s second-largest carmaker reports decline in output
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 217,524 cars in Iran from March 21 to December 21, 2023, IRNA reported.
The figure indicates a 3.5 percent drop from 225,380 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.