Iran Autos Report Q4 2013 - New Market Study Published
BMI believes there are still too many risks to manufacturing - not least the shortage of capital and Western sanctions - to expect a full recovery in the current year. Indeed, output for the first four months of the Iranian year, which coincides with the four months ending July 2013, was down a further 47.0% year-onyear (y-o-y), according to data from the Iran Vehicle Manufacturers Association. Although production of the Peugeot 206 recommenced in December 2012, which was heralded as...
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