An Iranian state-owned car assembly plant in Syria has closed after nearly 20 years, marking yet another blow to Tehran’s economic ambitions in the war-torn country, where it continues ...
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Iran Khodro Group – Involved In
Iranian automaker ‘lottery’ locks billions of dollars in banks
Over a million Iranians have deposited approximately $3,800 each in banks, hoping to "win" one of the vehicles that Iran's leading automaker, Iran Khodro, raffled off last week pending ...
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Tehran Municipality Slams Domestic Producers to Justify Chinese Deal
To defend a covert agreement to procure traffic equipment from China, the Tehran Municipality has erected banners and billboards across the capital, which critics argue "denigrate" domestic producers. “Why ...
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IRGC Set To Enter Iran’s Auto Industry As Economic Dominance Expands
The IRGC looks set to enter Iran's auto industry and is awaiting approval from the country's supreme leader as the state security forces expand its economic dominance in Iran. ...
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Price Surge in Iran’s Automotive Market
Simultaneously with the continued turmoil in the currency exchange rate in Iran, the prices of both domestic and foreign cars in the country have risen, with reports indicating an ...
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The Corruption and Power Struggles Within Iran’s Car Market
In continuation of the ongoing exploitation of the Iranian people, the regime’s parliament has finally passed a bill that gives the approval to import used cars. These lethal vehicles, ...
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