Global automotive industry Statistics

Iran’s Ministry of Industries, Mining and Trade recently released manufacturing numbers for Iran’s automobile production business, which show the united states’s 1percent share when you look at the worldwide automobile business during 2012-14.

The Islamic Republic produced 1, 000, 000, 740, 000 and 1, 090, 000 vehicles in 2012, 2013 and 2014 respectively. Put another way, in identical years, Iran was the eighteenth, twentieth and once again the 18th largest vehicle producer around the world, IRNA reports.

A year-on-year contrast of data reveals that production declined by 39.3per cent in 2012. The downward trend persisted in 2013, due to the fact wide range of devices produced shrunk by 25.6%. In 2014, manufacturing shot to popularity once again, increasing by 46.8% weighed against the earlier year’s matching figure.

The info released by the ministry indicate that this season, Iran produced 1, 600, 000 automobiles, up by 14.7percent while in 2011, manufacturing practiced a 3.1% enhance with 1, 650, 000 products year-on-year. For two consecutive many years, Iran rated whilst the 13th biggest automobile maker globally.

As western-imposed sanctions on Iran over its nuclear energy system intensified in 2013, automobile manufacturing and Iran’s global position fell again. The nation manufactured only 730, 000 devices and dropped from 13 to 20 in worldwide ratings.

Marketplace Frontrunners

As an international marketplace leader dramatically accelerating its automobile manufacturing, Asia, with a 23per cent share available in the market in 2012, been able to boost its market share and grab 26per cent for the worldwide market by 2014.

Between 2010 and 2014, 10 countries influenced nearly 80percent of this world’s auto marketplace. The most truly effective 10 makers were China, United States Of America, Japan, Germany, South Korea, India, Mexico, Brazil, Spain and Canada.

Topping the chart this season, Asia produced 18, 260, 000 units, the exact same number rose to 23, 720, 000 products in 2014 enabling China to maintain its leading position.

By manufacturing 9, 630, 000 cars in 2010, Japan won 12percent of the market share and ended up being the second biggest international manufacturer after China. However, in 2014, it produced 9, 770, 000 products and became the 3rd biggest carmaker after American.

The full total amount of automobiles produced in 2010 totaled 78, 040, 000 products and jumped to 90, 130, 000 units in 2014.

Iranian Goals

The Ministry of Industries, Mining and Trade intends to produce 1, 350, 000 cars in the current Iranian 12 months (started March 20).

Its strategic plan for car manufacturing indicates the nation must produce 1, 750, 000 devices of light-weight vehicles—passenger automobiles and trucks—by March 20, 2018. During same period, the ministry plans to create 43, 000 buses, minibuses and heavy-duty automobiles.

The ministry features set a goal of manufacturing 3, 000, 000 vehicles because of the end regarding the 6th five-year economic development plan (2016-21), a third which must certanly be exported. The ministry features set a target of producing 120, 000 buses, minibuses and heavy-duty trucks through the exact same period, a-quarter that should always be exported to local markets.

The goals set are required to-be fulfilled in collaboration and under brand-new contracts signed with Iran’s old and brand-new Chinese, Japanese and European automobile lovers, namely Renault, Peugeot, Volkswagen, Scania, Isuzu and Volvo.