Chinese carmakers now account for 10% of the Iranian Market
 

The Iranian market has experienced a strong growth in 2014, as oftoday the market will reach between 850 000 and 900 000 units over the year, forecasts from August had predicted from 750 000 to 800 000.


These levels are still far from those reached in 2011 (1 650 000 units) or even those reached in 2012 (1 350 000), we are almost moving away from the poor levels of 2013 (715 000). In 2015 production levels expect to reach the one million threshold once more, unless the country experiences any major crisis.


In this positive trend for the Iranian market, local production is also increasing, thanks to two local manufactures Khodro and SAIPA that produce their own vehicle but that also manufacture licensed vehicles from other carmakers. Moreover these two local carmakers manufactured 600 000 units over the first 9 months of the year, of which 240 000 were CKD PSA vehicles (for Khodro) and 24 000 CKD Renault vehicles (for SAIPA).


The most impressive growth of 2014 is that of Chinese carmakers on this market (60 000 sales out of 670 000 total units sold over the first 9 months of the year).These Chinese vehicle account for 10% of the market while they only represented 8% of the market in 2013 and represented less than 2% in 2011. These brands (such as Lifan and Chery) benefited from the loss of power of European and Korean manufactures during the market drop and are now well established in this country.  

 

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