News ID : 4285
Publish Date : 02 February 2021 - 09:01
Production in the automotive industry has increased in the first nine months of this year, while the trend of automakers compared to last year indicates a jump in production, and in the meantime, doubts have been raised about the continuation of this upward trend due to the loss of automakers.
Khodrocar - Meanwhile, according to the plan made by the Ministry of Industry, a production jump of 50% is predicted for the next 6 months. The car in the country from the beginning of this year to the end of November and its growth of 27.3% compared to the same period last year.

By the end of October this year, passenger car production grew by 26.8 percent compared to last year, reaching 566,744 units.

Meanwhile, the obtained statistics show that from the beginning of this year to the end of December, 625,300 passenger cars were produced, which shows a growth of 18.8% compared to the same period last year.

A review of statistics shows that 526,300 passenger cars were produced in the same period last year.

These statistics, while studies show that car production fell in January, so that according to statistics released by automakers in January, a total of 92,086 vehicles were produced, which is a 4.7 percent drop in production. Compared to last year, 96,644 vehicles were produced in the same period last year.

A survey of automakers 'production raises the question of whether automakers' production growth will continue?

"Not only are automakers struggling to grow production, but this growth has left everyone wondering how they can diversify and produce despite the loss of continued production at high speeds, given that domestic sanctions have put pressure on the industry. And it has problems with pricing, and at the same time it is being pressured by domestic sanctions, and at the same time it is losing 40 to 50 percent, it is increasing production.” Amir Hossein Kakaei, expert of auto industry told khodrocar reporter.

"The current move of the two automakers has been very acceptable during this period, and this is in a situation where the automakers' shares have also increased sharply, which is also surprising, because when the company is losing money, this increase in stock prices is strange.” He said.

"The result of wrong policies has led to the current losses of carmakers: the Ministry of Industry's production leap program, the listing of cars on the stock exchange and the approval of the Competition Council have also been canceled, which has caused more losses to carmakers.” He continued.

"With the continuation of these conditions, the automakers will suffer serious losses in March, while in the same period last year, the automakers were recognized as loss-making, but this year it will be impossible to get out of this situation.” He said.

"This will mean an increase in the financial costs of the automakers and the continuation of the current bad situation, which is a sign of the strange and wrong decisions of the policy makers. The trend of car production leap and its realization is ambiguous because we will soon see the official losses of car manufacturers.” He added.

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