Wednesday, 30 January 2013

Iran Autos Industry Report Q1 2013

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Iran Autos Report Q1 2013
Jan 30th 2013, 00:00
In our previous report BMI revised down its production and sales estimates for Iran''s autos industry -despite total vehicle output by Iran''s automakers increasing 2.4% year-on-year (y-o-y) to 1.64mn in theIranian year ended March 19 2012 - owing to the withdrawal of many international companies from thecountry in the wake of global sanctions against its nuclear efforts.Iran''s auto industry continues to show mixed messages. As such, we have kept our sales and productionforecasts unchanged this quarter....
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