Tag: iran

Avtovaz looks for ro-ro capacity to strengthen vehicle exports

Russian carmaker Avtovaz is looking to boost production through exports abroad in 2024, including target markets in Iran and Egypt, according to the carmaker’s president, Maxim Sokolov. It follows a two-year decline in foreign sales. Russian cargo carrier, Fesco said it would support the carmaker’s export plans with a specialised fleet of car-carrying vessels, which is subject to Avtovaz receiving a concrete export order.

Groupe PSA results show significant losses in China and Iran

Iran’s automotive industry left to rust

US-led sanctions have devastated Iran’s automotive industry, disrupting its supply of components and causing production to fall. Automotive Logistics assesses the damage

Turkish exports bolster falling domestic sales