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Automotive industry in Iran

Automotive industry in Iran

Common card · No. 360348

Iran’s automotive industry is the third most active industry of the country, after its oil and gas industry, accounting for 10% of Iran's GDP and 4% of the workforce (700,000 people). Iran developed a significant automotive industry with annual production of up to 200,000 units under the Mohammad Reza Shah Pahlavi's regime. But after the Iranian Revolution of 1979 production drastically decreased due to Iran–Iraq War and international sanctions. Since the early 2000s, automobile production in Iran has grown exponentially. Iran's automobile production crossed the 1 million mark in 2007/2008. As of 2024, Iran is the 13th largest automaker in the world and one of the largest in Asia, with annual production of more than 1.3 million. In 2009, Iran ranked fifth in car production growth standing next to China, Taiwan, Romania and India. According to OICA statistics, production dropped dramatically to under 750,000 automobiles and commercial vehicles in 2013. As of 2001, there were 13 public and...

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