Economic Stability is one of the key factors for developing the economic activities and due to an increase in the exchange rate in recent days, it seems that the Industrialists, especially the part makers will experience different days in the future.
Last month, Turkey’s export of automobile parts to Iran grew by 17 percent and that made Iran to joined the countries like Germany, Italy, France, Russia.
Takata Corp's bankrupt U.S. business will ask a federal judge on Wednesday to suspend lawsuits against automakers that have been brought by people injured by its faulty air bag inflators, something that opponents say is an abuse of the law.
The most advanced ABS (Antilock Brake System) will be produced domestically in Iran and its contract will be signed between Renault Pars, a leading European supplier and an Iranian company.
For the second time, Chinese security researchers were able to hack a Tesla Model X, turning on the brakes remotely and getting the doors and trunk to open and close while blinking the lights in time to music streamed from the car's radio — an effect they dubbed "the unauthorized Xmas show.
For the first time in the country’s history, Pakistani automobile part manufacturers are going to exhibit their products in Detroit, US in the hope of increasing their exports.
A small Mexican auto supplier is moving its global headquarters to London, Ont., and opening a $5 million manufacturing and research and development facility there to better serve the U.S. market.
Lack of liquidity has had made IKCO and SAIPA incapable of paying their debts to Iranian auto parts makers.