ID :
341466
Tue, 09/16/2014 - 12:57
Auther :

Iran Khodro Holds 54% Of Vehicle Market Share

Tehran, Sept 16, IRNA – Iran Khodro Industrial group through formulation of a new strategy on the basis of rise in production and quality and diversity in production basket has been able to take over half of the market share in the field of cars and vans manufacture in the country. Producing 221,907 different types of cars and vans in the first five months of the current calendar year, Iran Khodro could gain access to 54% of the market share in the field of car and van manufacture. In the same period last year Iran Khodro produced 90,883 cars and vans. The 121,000 surplus products this year shows an increase of 133% over the past year. It should be noted that domestic car manufacturers in the first five months of the current year manufactured a total of 399,846 cars and vans which shows an increase of 72% as compared to the same period last year./end

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