INTV, 9 Oct 2013 – Manufacturing of automobiles has come to a complete halt or severely declined in many factories across Iran.
According to the latest statistics issued by the Ministry of Industries, Mines and Trade, in the last month in Iran the companies of Kerman Motors and Rayen have completely stopped their production. Furthermore, Pars Khodro and the Bahman Group have witnessed a 50 to 65% decrease in production.
Global sanctions due to the mullahs’ nuclear ambitions have forced all of the economy in Iran under the mullahs’ rule into serious declines or complete stoppages.