Iranian automobile production in 2020
- Iranian automobile production (passenger cars and light utility vehicles) is dependent on economic sanctions introduced by Western countries and orchestrated by the United States. Thus, the sanctions introduced between 2010 and 2013 had caused Iranian automobile production to fall from 1.6 million vehicles in 2010 to 600,000 in 2013. Following an agreement between States, an easing of the sanctions allowed a stimulation of the Iranian automobile production, which increased from 600,000 units in 2013 to 1.4 million in 2017.
- The return of the sanctions imposed by the Trump administration between 2017 and 2020, however, caused Iranian automobile production to fall again from 1.4 million units in 2017 to 680,000 in 2020. It is not yet clear what will be the position adopted by the Biden administration regarding the economic sanctions imposed against Iran.
- Which carmakers in Iran have been successful in 2020? It is mainly carmakers already well established in the country, such as Iran Khodro, which has increased from 47% to 56% market share and SAIPA, which has stabilized its market share at 38%.
- Chinese carmakers and Renault-Nissan, on the other hand, lost market share in a market itself in decline, with respectively 5% (against 10% in 2019) and 1% (against 4 % in 2019). The PSA group represented by Peugeot was forced to stop production of cars in Iran, but Iran Khodro continued to produce Peugeot branded models in 2020 (using parts non approved by the French carmaker?).
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