Iran bans imports of renowned car brands
The Trade Promotion Organization of Iran has announced the list
of cars which are allowed to be imported in the current Iranian
year, but renowned brands such as Porsche, Benz, BMW, Maserati, and
Nissan are not in the list, ISNA news agency reported.
In January, Iran's Ministry of Industry, Mine, and Trade banned
importing cars with engines up to a 2500CC capacity.
According to the report, 17 car brands have been permitted to be
imported in the current year. The cars include Hyundai (2 models),
ABT, Alfa Romeo (2 models), MG, SsangYong, Toyota, Renault (6
models), and Kia (2 models).
Previously, 25 car brands were included in the list, such as South
Korean brands (Kia and Hyundai), Chinese brands (SAIC motors),
Italian brands (Fiat, Alpha Romeo), Japanese brands (Honda,
Mitsubishi), German brands (ABT), and Swedish brands (Volvo).
Iran imported 44,341 cars worth over 1.084 billion dollars in the
previous Iranian calendar year which ended March 20.
The amount shows a 30.59 percent and 11.3 percent increase in terms
of value and number respectively, compared to the preceding
year.
