Market Report, "Iran Autos Report Q1 2013", Published
In our previous report BMI revised down its production and sales estimates for Iran's autos industry - despite total vehicle output by Iran's automakers increasing 2.4% year-on-year (y-o-y) to 1.64mn in the Iranian year ended March 19 2012 - owing to the withdrawal of many international companies from the country in the wake of global sanctions against its nuclear efforts.
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