Falling output over the past two years has made clear the limits of the Iranian government’s ability to grow the automotive sector without foreign partnerships and new investment.
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All by Hassan Karimi Sanjari
Falling output over the past two years has made clear the limits of the Iranian government’s ability to grow the automotive sector without foreign partnerships and new investment.
◢ Iran’s automakers have pre-sold more than 1 million vehicles, most of which are earmarked for delivery to customers in the Iranian fiscal year that started in March. But with vehicle production declining at a steep rate, fulfilling these orders will be no easy task.
