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The national average gasoline price moved sharply higher for the week ending May 14, following the Trump administration's decision to withdrawal from an Obama-era nuclear deal and reimpose sanctions on the country.

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China's JAC Sees Growth in Iranian Market

As the biggest automobile market in Gulf area with sales of 1.6 million vehicles annually, Iran Chinese auto brands have seen the growth of their brands. Since it entered into the Iranian automotive market, JAC products have gained a foothold.

Chery Debuts SUV at Iran Motor Show

During the recent Iran Motor Show Chery-MVM JV unveiled the Tiggo 5 SUV. The new vehicle will go on sale in November under the Chery brand.

Ivory Coast Calls for Iran-Made Fleet Vehicles

The Ivory Coast's transportation minister has said the West African nation's public transport sector has demanded replacing its fleet with cars made by the Iran-Khodro Company (IKCO).