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Supplier Name Address Major Parts Suppliers Reports Country
ACI Pars Robat Machin St., Baharestan Industial Pole, Karaj Tehran, 91775, Iran image
Akhshan Mfg. & Ind. Co. Mirzaye Shiraz Blvd., First of Akbar Abad Ring way, Shiraz, Fars 7196887674, Iran image
Avrand Pishro Bldg. No. 8, Taheri Ave. , North africa Blvd., Tehran, Iran image
Ayegh Khodro Toos Co. Seventh 4 St., North Talash Blv., Toos Industrial Zone, Mashad, Iran image
Azin Khodro Co. Alborz Province, Karaj, Payam Rd, Iran image
Azin Taneh Mfg. Co. No. 6, Second St, 49th Ave, 14th Km, Karaj Makhsoos Rd, Tehran, Iran image
Behran Motor Company (Formerly Saipa Piston Co.) Tehran, Iran image
Cable Varan Manufacturing & Industrial Co. No. 61, Unit 7, between Biston and Chehel Soton, Fathi Shaghaghi St., Valiasr St.Tehran, Iran image
Charkheshgar Co. West Industrial Zone, Tabriz, Iran image
Crouse Co. No.253, 11th Km. Of Karaj Makhsoos Road, Tehran 13998-13411, Iran image
Mar 12, 2020

What a difference a decade makes. In 2009, 1.3 million Light Vehicles were sold in Iran (followed shortly thereafter by a record result of 1.7 million in 2011). Turn to 2019, however, and the landscape had changed completely, with sales appearing to have hit rock bottom, at just 656,000 units, the worst performance for 17 years. Crippling US sanctions are the main culprit for the dramatic decline, but Iran also has numerous domestic obstacles to tackle.

The assassination of a major general in Iran’s Islamic Revolutionary Guard Corps, Qassem Soleimani, in early January has only served to prop up the nationalist agenda within the country, cementing the government’s confrontational stance towards the US. Recent elections, meanwhile, have seen hardliners make big gains. And with the Trump administration’s aggressive stance towards the country, Iran has become increasingly alienated at a global level. Is this set to change anytime soon? From a political perspective in the US, a sudden reversal of Iran’s isolation on the world stage appears unlikely. Trump’s chances of a second term in office have been increasing in recent months and our base assumption is that the US will not be extending an olive branch to Iran in the near future.

Although the sanctions alone have caused the economy and the automotive sector to contract sharply, other headwinds prevail. Domestic issues are piling up, with any attempt by the government to boost spending being subdued by spiralling inflation. More recently, coronavirus (COVID-19) has been spreading apace, the full consequences of which have yet to be determined.

With mounting challenges and no clear light at the end of the tunnel, we have cut both the near-term and longer-term projections for the Iranian market and do not anticipate any real progress being made on the 2019 result before 2024. The market still has the potential to exceed previous highs, with plenty of installed automotive production capacity and a sizeable population, though expecting anything to change significantly during the next US presidential term is optimistic, at best.

The cloudier outlook is also mirrored elsewhere in the Middle East. Excluding Iran, regional Light Vehicle sales hit 1.6 million in 2019. While this marked a slight increase from the preceding year, gone are the days of unparalleled automotive growth, spurred on by booming oil and gas revenue. The Middle Eastern market certainly still has upside potential to grow beyond levels seen before, but with a subdued global economic outlook, that growth is still some way off.

(LMC Automotive blog on March 10, 2020)

Feb 17, 2020

Iran's media reported that MAPNA Group has signed a Memorandum of Understanding (MOU) with the country’s second-biggest auto-maker Saipa Group for mass production of the country’s first electric vehicle.
Based on the MOU, Saipa Group and MAPNA will collaborate on the design, prototyping, testing, commercialization, and production of new electric vehicles, Saipa Group’s news portal reported.
High cost, an unpredictable market and lack of a supervisory body have been reported to be the main challenges hindering the production of electric cars in Iran, according to a recent study conducted by Majlis Research Center.
Despite the growing popularity of hybrids and EVs across the world, they have had a slow take-up in Iran as the needed infrastructures are yet to be developed.
(From multiple sources on February 7, 2020)

Jan 04, 2020

On January 1, the Iranian government announced it has launched a heavy-duty truck manufacturing plant that will employ 5,000 people at full production.
The first phase of the plant for the production of Chapar (Carrier) trucks started operations during a ceremony attended by President Hassan Rouhani in Meshginshahr in northwest Iran.
The plant will produce 50 trucks a day at full production.
While currently operating with 400 workers, another 800 people will be employed yet in the first phase which has been built at a cost of USD 240 million.
When the plant project is finalized in the next four years, it is expected to have 5,000 employees.
The Chapar truck is powered by a diesel engine that produces 354 hp and 1,850 Nm of torque.
The truck had been developed with the assistance of Mercedes-Benz, with many of the domestically produced parts identical to original German parts.
Daimler had established a joint venture with Iran Khodro and the Mammut Group to make and distribute Mercedes-Benz trucks and powertrain components in the country before dropping plans in reaction to renewed U.S. sanctions in August 2018.
Also shelved were plans for Daimler to return as a shareholder in the former engine joint venture Iranian Diesel Engine Manufacturing Co. (IDEM) in Tabriz.
(multiple sources on January 1, 2020)