Iran’s biggest carmaker IKCO registers output, sale growth
By Trend
Iran Khodro (IKCO), the Islamic Republic’s biggest automaker company, has manufactured over 644,900 passenger cars during the first 11 months of the current fiscal year (started March 20, 2017).
The figure indicates a rise by 9 percent compared to the same period of the preceding year, the company said.
Iran Khodro’s output in 11th Iranian calendar month (Jan. 20-Feb. 20) reached 67,500 cars.
In the meantime, the company’s sales have increased by 10 percent in the 11-month period. Iran Khodro sold 637,225 cars between March 20, 2017 and Feb. 20.
Over 684,300 cars were produced in Iran during the first half of current Iranian fiscal year (March 20-Sept. 22), 18 percent more year-on-year.
The company’s revenues via the auto sale amounted to 205,190 billion rials in the period (each USD makes 37,300 rials based on official rate).
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!