ILNA: Iran’s auto production and sales rose 32 percent in 2014 from the year before as the industry started emerging from sanctions, an official has said.
As many as ۱.۱ million units were sold in the current Iranian year which ends on March ۲۱,۲۰۱۵, head of the commerce and sales office of Saipa Co. Mohammad Reza Abbasi said. Iran sold ۷۳۷,۰۰۰ cars in ۲۰۱۳ as the industry suffered under sanctions.
Sales however picked up after the Europeans lifted the sanctions on the Iranian auto industry under a temporary nuclear agreement reached in November ۲۰۱۳.
Abbasi said Saipa saw both production and sales rise by ۳۲ percent in ۲۰۱۴.
Saipa and Iran Khodro account for ۸۲ percent of the country’s auto market.
Abbasi said Saipa has currently two plans in the works in order to defeat sanctions and increase sales.
He said the automaker will start producing a low - cost car, Saina, in the first half of the new Iranian year. Saipa will also unveil more than ۱۰ models at the next auto show in the central city of Isfahan.
Iran’s auto industry is the biggest in the Middle East which it has developed for five decades. The country produced ۱.۶ million vehicles in ۲۰۱۱, the year new sanctions were introduced by the Europeans.