Title: Market Dynamics: A Snapshot of Iran’s Automotive Sector
Introduction
The Iranian automotive market on Wednesday, October 22, 2024, continues to demonstrate a dynamic economic landscape with minor price fluctuations across a range of domestic, assembled, and imported vehicles. The varying price points among different models and brands offer a clear spectrum of choice and investment for consumers, reflecting the diverse nature of the national market.
Domestic Models Showcase Competitive Pricing
In the domestic vehicle segment, key models maintain a strong presence. The Peugeot 207 Automatic Panorama and the Dena Plus Turbo Optional Automatic are both trading at a price of 1.38 billion tomans. Similarly, the Tara V4 LX is available in the market for approximately 1.385 billion tomans. Holding a steady price point, the Quick S manual transmission remains fixed at 625 million tomans.
Assembled Vehicles Present Varied Options
The market for assembled vehicles offers a wider price range. The Shahin Plus Automatic is being supplied at a rate of 1.48 billion tomans. At the higher end, the Extreme VX 2-liter Turbo was traded without change at 6.4 billion tomans. Other notable models include the Arrizo 6 GT Excellent at 2.25 billion tomans, the Phoenix FX Premium AWD at 3 billion tomans, and the Lucano L7, which sells for 3.3 billion tomans. The Haima S7 1.8-liter Turbo Plus is priced in the range of 2.4 billion tomans.
Imported Segment Reflects Premium Market
The imported vehicle sector caters to a specific segment of the market, with prices reflecting this positioning. The Toyota Camry Hybrid 2.5-liter Limited is traded at 8.1 billion tomans. The Nissan Sylphy 1.6-liter Enjoy is present in the market at a rate of 4 billion tomans. Furthermore, the Kia K5 1.5 Turbo sells for 6.15 billion tomans, while the BMW iX1 is available for 6.75 billion tomans.