Iran already imports"knockdown kits" from Asia, but in an attempt to fully mature its auto industry, the country continues to work towards the manufacture of its own engine.

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

A Bloomberg report from March says car sales in Iran were down 20 percent with prices up by about the same amount. For example, an imported Lexus RX350 sells for about $151,000 over there.

or maybe it won't "The goal remains simple," US Secretary of State Mike Pompeo said on Monday while announcing new measures against Iran ... is that the oil industry could find itself with ...

Steel-making is closely linked to many downstream industries such as automotive, construction ... as the country is seeking $20 billion to develop its domestic industry. In May 2024, Iran achieved a ...

According to the Secretary General’s letter, Iran has to pay $16,251,298 for restoration of voting power, while the CAR has to pay $29,395 UNITED NATIONS, June 3. /TASS/. Iran and the Central ...