AUTOMOBILE INDUSTRY
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SCI-TECH
Iranian engineers develop indigenous engine control units, advancing automotive electronics
Iranian engineers have developed domestically designed engine-control units, advancing automotive electronics capabilities while reducing reliance on imported technology and supporting more efficient, cleaner vehicle production.
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ECONOMY
Iran opens truck production plant after Germans leave
Iran has opened a truck manufacturing plant that will employ 5,000 people at full production, official news agency IRNA reported on Wednesday.
ECONOMY
Iran killing Pride amid recession in car industry
Iran will axe production of its top-selling car Pride amid reports of a recession in the industry.
ECONOMY
Iran masters technology for making airbag control units
An Iranian car parts maker says it has mastered the technology needed for airbag control units.
ECONOMY
Iran ‘determined’ to fully privatize twin carmakers
Iran’s minister of industry says two giant carmakers IKCO and SAIPA will be fully privatized by 2020.
ECONOMY
Renault reports sharp revenue drop after Iran exit
French carmaker Renault has reported its first loss since pulling out of Iran in July, just as the US was about to impose its first round of sanctions on the Islamic Republic.
BUSINESS
Japan auto industry embroiled in new scandal
With the admission of data falsification by three major Japanese car manufactures, the country’s automotive industry has been involved in a new scandal.
ECONOMY
Ford to abandon the sedan, focus on SUVs and trucks
Ford has stunned the world of cars by announcing that it would stop selling cars in the United States over the next few years.
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