Iranian Vehicle Market in 2022 totaled 1.06 million sales, a 15.5% increase from a flat performance in 2021. In fact, 11 months reported positive performances with December closing the year with 92,512 new registrations (+23.9%).
Car Market Trend and Outlook
The Iranian vehicle market in 2022 totaled 1.05 million sales, a 15.5% increase following a flat performance in 2021. In fact, 11 months reported positive performances with December closing the year with 92,512 new registrations (+23.9%).
The market is dominated by three main brands: in 1st ranks Peugeot with 385,028 cumulative sales (+5.8%) and 36.5% market share, followed by Saipa with 363,411 units sold this year and 34.4% share. The local Manufacturer Iran Khodro ranks in 3rd with 17.9% market share and 189,370 new vehicle registrations (+70.3%).
The Saipa Pride/100-Series is the best selling model rising 18.8% in volume, followed closely in second by the Saipa Tiba/200-Series (+9.4%).
Tables with sales figures
In the tables below we report sales for Top Brands