TEHRAN: Contrary to last year production, Iranian carmakers manufactured 930,449 vehicles in the 10-month of the current Iranian calendar year (March 21, 2014- January 20, 2015) which showed a 61.4 percent rise in production.
Iranian carmakers manufactured 930,449 vehicles in the 10-month period, the Mehr News Agency reported on Tuesday.
Car manufacturing in Iran dropped 20.2 percent in the previous Iranian calendar year. Iran manufactured 737,060 cars in the last Iranian year, while the figure was 924,051 in the preceding year.
The automobile industry, the biggest non-oil sector of the Iranian economy, constituting around 10 percent of gross domestic product (GDP), boomed over the decade ending in 2011 due to government support and the dearth of international competitors in the domestic market.
