Jun 19 2012 |
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Plans to export 1m cars by 2025
Iran plans to manufacture at least 3 million units of cars and export some one million of them by the year 2025, said minister of industries, mine and trade.Mehdi Ghazanfari said on Saturday that some 1.6 million cars were built in the past Iranian year (ended March 19, 2012), and 55,000 cars were sold overseas in the same period, Press TV reported.
He added that the country plans to export some $25 billion worth of car spare parts by 2025.
The Iranian minister also noted that the Islamic Republic seeks to put up its cars for sale in new markets in West Asia, Southeast Asia as well as Latin America.
Iran's automotive industry is the second biggest industry of the country, after its oil and gas industry. Iran is the largest automaker in the Middle East.
The Iranian manufacturers currently produce different types of vehicles, including passenger cars, SUVs, trucks, buses, minibuses, and pickup trucks.
Over half of the local output is passenger cars, with pick-ups being the next largest category.
Meanwhile, Iran's car manufacturer Iran Khodro Co. (IKCO) on Saturday started the mass production of the third indigenously-manufactured car, Runna, in a ceremony attended by state and automotive industry officials.
The small sedan comes with fuel-efficient domestically-developed 1.4-, 1.5-, 1.6- and 1.7-liter engines, as well as manual and automatic transmissions depending on the customer's choice.
Runna meets Euro IV and V standards which deal with air pollution and the pedestrian impact safety requirement.
Earlier, IKCO announced plans to export 10,000 units of its domestically-designed and built Samand sedans to the Russian market by the end of 2012.
IKCO Vice-President for Exports Abdulazim Sa'dian said in a statement that the cars will be fitted with engines that meet the Euro IV emissions standard.
He added that cargoes of Samand complete knock-down (CKD) parts will be sent to the IKCO assembly line in Belarus, starting from the Iranian month of Mordad (July 22- August 21), and will then be exported to Russia.
The IKCO has already taken measures to provide comprehensive sales and after-sales services in major Russian cities, he said.
IKCO exported more than 11,000 units of Samand cars to Russia between 2005 and 2008.
Founded in 1962, the Iranian car producer is currently regarded as one of the leading automakers in the Middle East.
ICKO won an award from Tehran's Third International Nanotechnology Festival in 2010, as the leading company in nano-related auto industry.
In its five-year future growth prospective, the company envisions reaching an annual manufacturing capacity of three million units, with exports of a million units per year.
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