News

A
report by the International Organization of Motor Vehicle Manufacturers
places Iran on the list of top-five global car producers with the most
growth in 2009.

Japan lost its ranking to China with a 31.5 percent fall in overall
production, but maintained second place, followed by the United States
and Germany according to the Paris-based organization's report.

Iran's car production showed a 9.5 percent growth last year, ranking
fifth on the OICA chart after China, Taiwan, Romania and India.

With the total production of 1,395,421 cars, including 35,901
commercial vehicles, Iran also climbed the chart to become the world's
twelfth carmaker.

In 2008, Iran ranked 16th with the total production of 1,274,184 passenger and commercial cars.

A statement from the Iranian automaker, Iran Khodro (IKCO), said the
company alone produced 688,000 passenger cars in 2009, pointing to a 13
percent growth in the manufacturer's turnout despite the crushing
global economic crisis.

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