Another broken promise in the government’s administration
Car production has decreased
The World of Economy reports that the data provided by the country’s major automakers to the stock market shows that cumulative and eight-month production of passenger cars in the main automotive industry has finally experienced negative growth after several months.
According to the statistics in the report submitted by three major automakers to the stock market, their total production in the first eight months of this year was about 610,000 units, indicating a 5% decline compared to the same period last year.
According to the production statistics, Pars Khodro had a 16% decrease with the production of 72,611 units compared to the same eight-month period last year. The Ministry of Industry has also announced negative growth in Pars Khodro’s production, but with a smaller number, approximately 15%.